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Truck sales projected to be soft into 2010

Published Tuesday, June 16, 2009

Sales and production of commercial trucks will remain decidedly soft for the remainder of 2009 and well into 2010, according to new analysis by ACT Research Company (ACT). In its recently published North American Commercial Vehicle Outlook, ACT forecasts 2009 Class 8 retail sales will be 43% below 2008 levels and only recover about half of that decline in 2010, with medium-duty Class 5-7 retail sales projected to be down 26% for 2009 and grow only 11% next year, said Kenny Vieth, partner and senior analyst with Columbus IN-based ACT. "I really don't see ...

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