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USA: Soaring truck demand points to economic recovery
14 Jul 2004
Source: 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: website


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