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Global annual electrified powertrain medium- and heavy-duty truck sales are expected to grow from about 31,000 vehicles in 2016 to nearly 332,000 by 2026.
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The economy is currently on solid footing, but the Class 8 market has fallen dramatically this year. With the economy expected to grow slightly better in 2017, can we expect this to translate into a better environment for new equipment orders for the truck OEMs and their suppliers?
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Rush Truck Center CEO Rusty Rush said he expects to see a flat year in Class 8 over-the-road sales in 2017, but predicts that certain market segments and medium duty sales will remain strong.
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U.S. and Canadian natural gas Class 8 truck sales declined over a three-month period from June to August, according to the latest quarterly report from ACT Research.
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A new report says the industry will likely see a pre-emission boom in Class 8 truck sales in 2019 and 2020, before a sharp drop into 2021 — but others say this time around is different.
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LAS VEGAS — Despite a challenging truck sales environment and not hitting a few goals laid out last year, Daimler Trucks North America is still confident it can remain the industry leader in this “new normal” environment, president and CEO Martin Daum told reporters at the American Trucking Associations Management Conference & Exhibition Monday.
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Sales of Ford’s medium-duty F-650 and F-750 trucks have increased 59% year-over-year through August, the best year-to-date sales through August since 1997, according to Ford.
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Mack Trucks has created a new online fuel economy tool that allows Mack customers to configure Pinnacle trucks and evaluate fuel efficiency potential on specific routes.
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The second quarter earnings season continued on Tuesday with companies ranging from a fleet and 3PL to a trailer maker and mega-dealer, with all but one reporting higher earnings than the same time last year.
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UPDATED -- The parent company of truck makers Kenworth and Peterbilt reported an increase in second quarter earnings despite lower revenue, but it's in the red for the first half of the year due to a big fine.
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