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				High ceiling for class 8 truck sales in '11
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					Posted: 
					
						May 12, 2010 10:56 AM
					
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					Last Updated: Mar 27, 2012 08:40 AM
				
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				<p>COLUMBUS, Ind. -- While the deck is tilted for growth this year, experts predict significant heavy-duty truck demand in 2011 as the North American strengthens amid rapidly tightening capacity in the truckload sector.</p>
<p>In its latest release of the <a target="_blank" href="http://www.actresearch.net ">North American Commercial Vehicle Outlook</a>, ACT Research increased its forecast for Class 8 vehicle production by 6,000 units, boosting year-over-year growth in 2010 to 19 percent.</p>
<p>The forecast for 2011 was also increased by 3,000 units, projecting year-over-year growth of 67 percent.</p>
<p>Medium-duty vehicle (Classes 5-7) production, which is largely tied to the health of housing and construction, was unchanged, projecting growth of 19 percent in 2010 and 32 percent in 2011.<br />
<br />
&quot;In 2010 &hellip; the projected growth is still well below replacement level demand,&quot; said John Burton, vice president-transportation sector with ACT Research. &quot;However, fleet age has truckers increasingly making comments about upgrading the fleet and anecdotal evidence suggests reserve capacity is in poor shape, having been idled and cannibalized during the downturn.&quot;&nbsp;</p>
			
				
				
			
				
				
			
			
			
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