ATD Chairman Says Heavy-Duty Truck Sales May Grow 25% in 2005
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RLANDO, Fla. — Despite a shortage of components and production bottlenecks, the chairman of the American Truck Dealers said he expected as much as 25% growth in heavy-duty truck sales in 2005 as fleet executives continue to replenish older equipment and buy trucks in advance of new diesel engine emission regulations in 2007.
“Many industries are building up their inventories to pre-recession levels and capital spending continues to increase steadily,” said Gerald Turnauer, ATD chairman and president of Bayshore Ford Truck Sales, New Castle, Del. “Correspondingly, there’s more demand for new trucks of all weight groups, as well as low-mileage Class 8 trucks."For the full story, see the April 18 edition of Transport Topics. Subscribe today.
RLANDO, Fla. — Despite a shortage of components and production bottlenecks, the chairman of the American Truck Dealers said he expected as much as 25% growth in heavy-duty truck sales in 2005 as fleet executives continue to replenish older equipment and buy trucks in advance of new diesel engine emission regulations in 2007.
“Many industries are building up their inventories to pre-recession levels and capital spending continues to increase steadily,” said Gerald Turnauer, ATD chairman and president of Bayshore Ford Truck Sales, New Castle, Del. “Correspondingly, there’s more demand for new trucks of all weight groups, as well as low-mileage Class 8 trucks."For the full story, see the April 18 edition of Transport Topics. Subscribe today.
