The forecast for heavy-duty trucks and trailers remains steady, but the medium-duty forecast continues to slide, according ACT Research Company
The forecast for heavy-duty trucks and trailers remains steady, but the medium-duty forecast continues to slide, according ACT Research Company. In its latest release of the ACT NA Commercial Vehicle Outlook, ACT forecasts that Classes 5-7 medium-duty production will be off 44% in 2009 before regaining half of that decline in 2010.
“Coupled with continued weak demand, the General Motors announcement to exit the space sent shock waves through the system,” said Steve Tam, vice-president, Commercial Vehicle Sector with ACT Research. “Production will continue to be weaker into 2010 as GM inventories are worked off.”
What challenges are top of mind for fleet professionals in 2025? Get exclusive insights from the 2025 Fleet Trends Survey and discover where the industry is headed next.
The most successful fleets accomplish more than delivering freight. To accomplish this, fleets need a fuel that’s reliable, more economical and more sustainable. That fuel is ...
Are your KPIs driving real fleet improvement? Learn how to set smarter, data-driven benchmarks, track success like top-performing fleets, and apply proven strategies to optimize...
Learn how eets can enhance truck utilization and minimize safety incidents using business intelligence and AI. Delve into innovative practices, technology integration and real...
