Soaring Truck demand points to Economic Recovery

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Thread: Soaring Truck demand points to Economic Recovery

  1. #1
    5.3 Liter Vortec V8 kmacleod's Avatar
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    USA: Soaring truck demand points to economic recovery
    14 Jul 2004
    Source: just-auto.com editorial team

    Detroit's Big Three are cranking up production of commercial trucks as demand soars, indicating that the US economy is on a strong growth path, company officials and analysts told Reuters.

    After almost three years of stagnation, sales of heavy-duty trucks are up 40% this year, according to Standard and Poor's, the report said.

    To keep up with the demand, General Motors and DaimlerChrysler are planning to add more jobs at assembly plants that manufacture commercial trucks, the news agency said.

    Full article Here:

    just-auto.com website

    Ken


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  3. #2
    7.0 Liter LS7 V8 dindak's Avatar
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    Odd, I thought there was a glut of trucks.

  4. #3
    6.2 Liter LS9 Supercharged V8 Hudson's Avatar
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    Originally posted by dindak@Jul 14 2004, 01:43 PM
    Odd, I thought there was a glut of trucks.
    Light trucks, yes....medium and heavy is what the author is talking about.

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