Industry Analysis & Industry Trends
The Truck Dealers industry has benefited since 2010 from recovering demand from the manufacturing, construction and trucking sectors, and industry revenue has inched toward prerecession levels in recent years. The economic recovery released pent-up demand from the industry's primary markets, resulting in a strong increase in sales of heavy-duty trucks. However, new federal fuel-efficiency regulations will be a double-edged sword for the industry going forward; in the short-term, dealers may experience pre-buying activity as customers move to preempt impending price hikes, while in the long-term, higher purchasing costs from manufactures will likely constrain profit margins. Nevertheless, positive economic trends are expected to sustain industry growth in the next five years.... 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