COMMERCIAL TRUCK MARKET * USA: On a new turnaround
* Truck industry struggles with weak sales, but strong orders point to febound
Volvo Group, which sells Mack- and Volvo-badged trucks in North America, said Tuesday that deliveries plunged 34 percent to 7,065 vehicles in the first quarter compared with the same period a year earlier. However, orders surged 27 percent to 11,334 in the first three months of the year... Paccar Inc., the maker of Peterbilt and Kenworth brands, said Tuesday that first-quarter deliveries of its trucks in the U.S. and Canada dipped 8.1 percent to 17,000 compared with the same period last year. But the company thinks the rest of the year will improve... The demand for Class 8 vocational trucks has also held up better than the tractor trailer side of the business because of the prospects for an improved construction market...
(Photo: Brian Hadden/Trucks.com - Freight liner trucks for sale) -- Bloomington, IND, USA - Trucks.com, by CRAIG GUILLOT - APRIL 27, 2017