Industry Analysis & Industry Trends
Truck and bus manufacturers experienced high volatility over the past five years, with the recession and associated drop in trade activity pummeling revenue. However, as the global economy recovers, trade will increase and in turn boost demand for industry products. A growing number of operators will move their operations abroad to take advantage of high demand from emerging economies... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry portrays a high level of market share concentration. The top four companies account for an estimated 76.7% of revenue. Over the past five years, concentration has grown through acquisitions and mergers. The top major players have leveraged their favorable economies of scale and eliminated some peripheral competition through important mergers or acquisitions. Also, some major players have enhanced concentration through joint ventures. For example, Navistar entered a financing partnership with GE Capital in order to gain a favorable retail financing partner. This move will help Navistar enhance their market presence by offering customers more reliable access to credit. Concentration will remain steady, though some major players will consolidate brands to address overcapacity... purchase to read more