Industry Analysis & Industry Trends
The Truck Dealers industry is recovering from its postrecessionary slump. In the aftermath of the recession, weak demand from the industry's principal markets, including the manufacturing, trucking and construction sectors, led to rock-bottom truck sales. However, recovering downstream markets and greater trucking activity have since allowed for revenue gains. Industry revenue typically moves in line with factors such as manufacturing output, trade volume and construction activity. In the past five years, economic recovery has released pent-up demand from downstream customers that postponed truck purchases in the aftermath of the recession. Steady demand from the manufacturing and construction sectors will sustain revenue growth in the five years to 2021.... purchase to read more
Industry Report - Industry Products Chapter
There are eight truck classes, of which classes 4 and 5 are classified as medium-duty and classes 6, 7 and 8 are classified as heavy-duty. (Classes 1 through 3 are considered light- and medium-duty passenger vehicles, which are excluded from this industry.) Class 4 trucks, which weigh between 14,001 and 16,000 pounds, include landscaping utility vehicles, mini buses and small city delivery trucks. Class 5 trucks weigh between 16,001 and 19,500 pounds; examples of Class 5 trucks include bucket trucks, medium city delivery trucks and vans, and large walk-in vans.
Class 6 trucks weigh between 19,501 and 26,000 pounds, and include beverage trucks, single-axle trucks, school buses and rack trucks. Class 7 trucks weigh between 26,001 and 33,000 pounds... purchase to read more