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Class 8 truck orders plummeted in March to their lowest readings in a decade, at a level half of what it was a year ago, according to preliminary numbers from FTR and ACT.
Eaton Cummins has introduced its Endurant XD series of high-performance automated transmissions designed for on-highway applications with high gross combined weight ratings.
Crane Carrier Company unveiled its newest Signature Chassis, the Low Narrow Tilt (LNT), March 4 at NTEA’s The Work Tuck Show in Indianapolis.
Citing a brutal October and November, ACT Research warns that 2020 will be much tougher for both medium- and heavy-duty truck sales.
From what happened this year to what is projected to happen next year sales-wise, the heavy-duty truck market will be set up for a “modest rebound in 2021 followed by growth into 2023,” according to Act Research.
Class 8 truck orders hit a high point for 2019 in October; however, in what is traditionally a great month for truck orders, that performance marked the weakest level since 2016, according to preliminary reports.
Hyundai offered a sneak-peek at a futuristic, hydrogen-powered Class 8 tractor at the North American Commercial Vehicle Show and confirmed it is considering entering the North American Class 8 market with the vehicle.
Projecting to end 2019 with near-record Class 8 market share and record-setting medium-duty market share, Peterbilt is looking to the strength of the vocational market for 2020 to help it continue that success, while adding new uptime-related initiatives and planning to have electric trucks in production by the end of next year.
This year’s event includes displays and announcements from all of the major OEM truck makers and also features, for the first time, educational sessions.
Same dealer sales volumes of used Class 8 trucks fell in September after briefly rebounding in August, according to the latest report from ACT Research.