ACT Research Co remains bullish on Class 8 in the medium to longer term, according to the February issue of the ACT North American Commercial Vehicle Outlook, published by ACT.
ACT Research Co remains bullish on Class 8 in the medium to longer term, according to the February issue of the ACT North American Commercial Vehicle Outlook, published by ACT.
“We look for economic activity in 2012 to expand at a moderate pace, not too different from the 1.7% experienced in 2011,” said Sam Kahan, ACT’s chief economist. “Regarding commercial vehicles, there has been little change in the outlook because underlying demand drivers remain strong. Demand for heavy trucks and trailers is running stronger than demand for medium-duty vehicles because of strong freight markets and healthy trucker profitability.”
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