Class 5-7 truck sales to drop 44% this year

Published Wednesday, July 15, 2009

The economy is taking its toll on the North American medium-duty truck market. For starters, General Motors announced at the beginning of June it would shut down its medium-duty business—effectively withdrawing around 22,000 Class 5-7 trucks out of the market each year. “Coupled with continued weak demand, the General Motors announcement to exit the space sent shock waves through the system,” said Steve Tam, vp-commercial vehicle sector with ACT Research. “Production will continue to be weaker into 2010 as GM inventories are worked off.” In its latest N.A. Commercial Vehicle Outlook,

To continue reading this article, please register or login – it’s quick and free…

Member Login

Email Address:

Password:

Remember me

Forgot password? Need Help?

Enter your email address below, and we'll email your password.

Email:

Are cookies enabled in your browser?

This site uses cookies and session data to keep track of your name and preferences while you're logged in. You cannot login without enabling cookies.