![[Valid Atom 1.0]](valid-atom.png "Validate my Atom 1.0 feed")
Analysis * USA - Truck sales expected to decline further, but fleet capacity should tighten
Truckmakers are starting to realize that class 8 trucks sales could get worse in early 2008 before getting betterNew York,NY,USA -Today's Trucking (Canada) -17 Dec 2007: -- ... says a tier-one supplier to truck OEMs... Speaking to New-York based transportation market analysts at Bear Stearns, the supplier said he was forecasting Class 8 builds of only 200,000 in 2008, based on the level of demand he was seeing from customers for his parts. Those estimates, he added, are very “back-end loaded” suggesting that there is upside to his if the economy should strengthen throughout the year... While there's been an encouraging jump in truck demand this fall, industry sources still predict a prolonged downturn... Furthermore, Bear Stearns explains, the source believes many truck manufacturers are just now facing the reality that demand will not pick up until mid-2008. Many of his customers, he continues, expected to see a significant ramp up in demand in late 2007, which has not materialized... While there was an "encouraging" spike in orders this past October, compared to previous months, the supplier cautioned that the boost was mainly a result of large orders from one or two fleets and may not represent a true upturn in overall industry demand.
Labels: prognosis
posted by Unknown @ 6:16 AM
0 Comments:
Post a Comment
<< Home