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Sales - USA - Heavy-duty orders start to yield
North American class 8 orders in April but have begun to slow for the first time this year...
NEW YORK,NY,USA -Today's Trucking News -29 May 2006: -- New heavy-duty class 8 net new orders hit 30,120 last month -- down 42.3 percent from March, reports the transportation division of market forecasters Bear Stearns... "It appears that very few orders are slotted for early 2007, when a limited number of 2007 trucks with 2006 engines will be available. However we think OEMs will hoard these to get the best pricing," states the firm's April 2006 report... Technically, the EPA’s rule is that non-compliant engines cannot be made after January 1, 2007. However, says Bear Stearns, if a truck OEM has the engine in inventory on that date, the rules allow the non-compliant truck to be assembled...
posted by Unknown @ 4:43 PM
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