Industry Analysis & Industry Trends
The Truck Dealers industry has traveled on a bumpy road over the past five years. In the aftermath of the recession, weak demand from the industry's principal markets, including the manufacturing, trucking and construction sectors, precipitated rock-bottom truck sales. However, the industry is poised for growth; the industry will benefit from pent-up demand from its downstream customers, as the age of their existing truck fleet grows and transport activity picks up.... purchase to read more
Industry Report - Industry Locations Chapter
In 2014, the Southeast, West and Great Lakes regions make up an estimated 60.9% of industry establishments. Industry facilities are often located near consumers, and to a lesser extent, near their suppliers. According to Ward's Automotive, six of the top seven heavy-duty truck manufacturers have assembly plants in these regions. Locating a dealership near upstream manufacturing hubs and downstream markets helps lower distribution costs and increases operational efficiency.
Industry establishments are also dispersed according to population, given that many of the industry's products include fire trucks, garbage trucks, school buses and tow trucks. The state with the highest number of truck dealers is California, which also has the nation's largest population... purchase to read more