According to the recently released N.A. Commercial Vehicle On-Highway Engine OUTLOOK, published by ACT Research and Rhein Associates, engines over 10L accounted for 87% of Class 8 production in 2019 because of the high demand for tractors in the peak-cycle year. Demand for under 10L engines, used mostly in trucks, was softer last year. Additionally, the report noted that emission impacts in 2024 will benefit smaller/under 10L engines that are forecast to be about 16% of the market.
Topics: Engines, Press Releases, commercial truck report, commercial truck and trailer, transportation industry news, engine, class 8 truck engines, diesel engine, diesel trucks, commercial vehicle (engine) industry analysis, oem engine
According to ACT’s latest release of the North American Commercial Vehicle OUTLOOK, expectations for the Class 8 and trailer production volumes have been trimmed for 2020, and expectations of a recovery starting in 2021 have been tempered. Additionally, current order softness and excessive inventory building in the medium duty sector contributed to forecast reductions in the next two years for that segment, as well.
Topics: freight, logistics, Press Releases, class 5-8 trucks, class 8 trucks, commercial truck report, supply chain, medium duty truck, commercial vehicle sales data, truck market, truck freight, north american trucking, class 8 truck, american truck and trailer, commercial truck and trailer, transportation industry news, trucking, HeavyDuty, heavy duty truck, class8, class 8 truck engines
According to the recently released N.A. Commercial Vehicle On-Highway Engine OUTLOOK, published by ACT Research and Rhein Associates, engines over 10L are projected to account for more than 85% of the Class 8 production between 2020 and 2024, however the trend to smaller displacement engines (11L/13L vs 15L/16L ) is expected to continue.