Vikner Says ‘Pent-Up Demand’ To Drive Stronger Mack Sales
ack Trucks President Paul Vikner said he expected demand for
he company’s freight-hauling heavy-duty vehicles to rebound sharply in 2004, and that Mack would sell 4,000 more trucks this year to highway
ustomers.
Vikner, speaking to a Transport Topics editorial forum Jan. 30, also said the company’s January orders had topped the already high order numbers the company posted in December, pointing to strong future production.“There is a lot of pent-up demand for trucks they need today,” he said.
is remarks were in line with other evidence that 2004 should bring the strongest truck market since before the 2001 recession — partly as carriers order trucks to meet improving economic demand, and partly as fleets grow in their acceptance of new engine models introduced in 2002.
A Feb. 3 report by the Merrill Lynch investment firm said industry data showed January orders for Class 8 truck makers “far exceeded expectations.”
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