TRUCK SALES PROGNOSIS * USA: Natural Gas vehicles slow
* Indiana - Declining cost of diesel slows growth of NG HD vehicles
-- NG powered Class 8 truck and bus sales have slowed when calculated as a percentage of the total market, according to a new report from ACT Research... The “Natural Gas Quarterly” attributes the rapidly declining cost of diesel with making the return on investment for adoption of natural gas less lucrative... Original projections were that 2015 would see a 5 percent penetration of NG heavy-duty trucks, but based on 2014 actual results and the sharp drop in oil prices starting in fourth-quarter 2014, the report calls that optimistic... ACT Research continues to see growth for the adoption of natural gas as a fuel for HD vehicles in the U.S.A., but doesn’t expect to see double-digit sales expansion on the horizon in the next few years, Ken Vieth, ACT’s senior partner and general manager said...
(Photo: Fontaine Co. to install Mainstay CNG heavy truck fuel systems in Class 8 vehicles) -- Columbus, IND, USA - Trucker News Services - 10 Aug 2015
Labels: CNG trucks, trucking markets prognosis
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