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SURVEY * USA - Heavy Truck Production Off 22%
Fleet managers are reluctant to 'pre-buy' in 2009 more fuel efficient vehicles to meet 2010 emissions standards
USA -Industry Week, by Adrienne Selko -Feb. 3, 2009:: -- According to a Longbow Research survey of North American trucking fleet managers production of heavy trucks is likely to be off by as much as 22% in 2009 to an estimated 160,000 units, compared to 205,000 in 2008 and 212,000 in 2007 and 377,000 units sold in 2006... Despite an fleet age of 6.2 year and turnover typically occuring at four to five years, fleet managers are reluctant to 'pre-buy' in 2009 more fuel efficient vehicles to meet 2010 emissions standards... The survey found about 64% of fleet managers do not plan to buy trucks in 2009, with an uptick to 17% from 10% in October 2008 of those unsure about purchases this year... The responses to the January survey demonstrated an increasingly difficult environment for truckers. The report noted that although diesel prices have dropped from their record-highs and the competition has shrunk as many smaller carriers have gone out of business, companies are struggling amidst lower freight tonnage and macro weakness... (Photo: selectrucks) Labels: surveys
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