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TRUCKS MARKET * USA & Canada - Carriers more likely to pocket profits than purchase trucks
New York,NY,USA -Penton Media/Fleet Owner, by Sean Kilcarr -Aug 12, 2010: -- Based on its analysis of truck order trends aligned next to second -quarter earnings report, consulting firm ACT Research believes most fleets are only going to buy the trucks they need in the near-term, largely shying away from adding any new capacity... In the latest release of its North American Commercial Vehicle Outlook, ACT projects full-year production of heavy-duty Class 8 vehicles will be up 26% compared to 2009 and accelerate into 2011, with medium-duty orders growing more slowly... Production of commercial trailers is expected to increase by 47% in 2010 and also post strong growth 2011, according to ACT... FTR Associates reported that Class 8 net orders dropped to 11,473 units in July, which is a 27.2% decline month-over-month from June... (Photo from t0.gstatic)* Canada - Big-Truck Sales Climb Again
Toronto,ONT,Canada -Penton Media/Ward's Auto, by Christie Schweinsberg -Aug 12, 2010: -- Medium- and heavy-duty truck sales rose 30.3% in Canada in July, the market’s fourth consecutive year-over-year gain... The ascent was driven by increases in Classes 7 and 8, the only two groups in positive territory last month, compared with like-2009...
- General Motors Co. suffered the segment’s steepest decline. Its sales plummeted 92.9%. Class 8 sales climbed 46.1% in July as Freightliner volume skyrocketed 172.7%. Daimler’s Western Star had the second-biggest jump, up 145.6%... On the flipside, Volvo Truck North America Inc.’s namesake marque lost ground with a 22.3% shortfall. Daimler’s Sterling was shut out with zero sales vs. 88 year-ago...
- Class 7’s 74.3% jump was fueled by a 211.2% gain at volume-leader International Truck and Engine Corp. But Daimler AG’s Freightliner brand recorded the largest percentage increase, up 381.5%.
- Class 7’s sales increase offset declines at all other medium-duty groups and boosted the segment’s total 11% above like-2009.
- Class 6 deliveries fell 33.1% on anemic sales by all manufacturers, notably volume-leading International, down 22.4%. Large percentage increases were posted on single-digit volume gains by Daimler brands.
- Class 5 sales dipped 4.0%, with losses by some of last year’s biggest volume players, including GM, whose domestically built trucks suffered an 87% plunge. Daimler’s Sterling brand lost the most on a percentage basis, with sales down 94% on just one delivery.
- Class 4 sales slumped 13.4% as more than half the segment’s manufacturers posted disappointing numbers. Volume-leader International provided the lone bright spot with a 15.6% increase.
Through July, Canadian big truck sales were tracking 14.1% ahead of like-2009.
Labels: truckmakers USA and Canada, trucks markets, trucks sales
posted by Unknown @ 7:24 AM
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