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ACT Research: Regulations Impact US Commercial Vehicle Market

Posted by Jennifer McNealy on Mar 5, 2020 8:00:00 AM

In the release of its Commercial Vehicle Dealer Digest, ACT Research reported that the new low NOx Advance Notice of Proposed Rulemaking (ANPR) will impact the US commercial vehicle market, citing past regulatory examples.

The report, which combines ACT’s proprietary data analysis from a wide variety of industry sources, paints a comprehensive picture of trends impacting transportation and commercial vehicle markets. This monthly report includes a relevant but high-level forecast summary, complete with transportation insights for use by commercial vehicle dealer executives, reviewing top-level considerations such as for-hire indices, freight, heavy and medium duty segments, the total US trailer market, used truck sales information, and a review of the US macro economy.

animation - 2020-03-04T155854.285“Thanks to the EPA’s GHG regulations, and the industry’s ability to rise to the challenge over the past decade, it is now possible to spec vehicles achieving close to 9 miles per gallon, with minimal associated costs for value derived,” said Kenny Vieth, ACT’s President and Senior Analyst. He continued, “January’s ANPR from the EPA promises the return of demand altering regulations that target tailpipe emissions, and while we are unwilling to drop a number presently, the new low NOx proposal could have major implications for the industry ahead of its proposed 2026 implementation.”

Vieth also spoke about the potential impact of the proposed regulations on EV adoption in the commercial vehicle industry, “Fleet electrification could benefit from regulations that reduce diesel’s inherent advantages by raising the cost of diesel power.”

ACT Research is recognized as the leading publisher of commercial vehicle truck, trailer, and bus industry data, market analysis and forecasts for the North America and China markets. ACT’s analytical services are used by all major North American truck and trailer manufacturers and their suppliers, as well as banking and investment companies. ACT Research is a contributor to the Blue Chip Economic Indicators and a member of the Wall Street Journal Economic Forecast Panel. ACT Research executives have received peer recognition, including election to the Board of Directors of the National Association for Business Economics, appointment as Consulting Economist to the National Private Truck Council, and the Lawrence R. Klein Award for Blue Chip Economic Indicators’ Most Accurate Economic Forecast over a four-year period. ACT Research senior staff members have earned accolades including Chicago Federal Reserve Automotive Outlook Symposium Best Overall Forecast, Wall Street Journal Top Economic Outlook, and USA Today Top 10 Economic Forecasters. More information can be found at www.actresearch.net.

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Access more information about ACT’s Commercial Vehicle Dealer Digest.

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Access January's Commercial Vehicle Dealer Digest Press Release. 

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Topics: Press Releases, class 8 trucks, medium duty truck, commercial vehicle sales data, truck market, north american trucking, class 8 truck, american truck and trailer, transportation industry news, trucking, HeavyDuty, heavy duty truck

About ACT Research

We're the leading publisher of commercial vehicle industry data, market analysis, and economic forecasting services for the North American market.

 

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