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North American commercial vehicle market: Trends and OEM strategies
Paccar starts production in Brazil; Navistar increases sales with SCR-equipped models
2014/12/03
- Summary
- North American medium- and heavy-duty truck market grows 14.7% for Jan-Sep 2014 period
- Heavy-duty truck market share in North America: Navistar sees positive momentum
- Paccar increases sales in North America by 16.2% to 58,000 for Jan-Sep 2014 period
- Navistar completes transition to SCR-equipped models for heavy-duty segment
Summary
The medium- and heavy-duty truck market in North America (the U.S. and Canada) shrank by 30% year-over-year (y/y) to 223,000 units in 2009 due to the economic crisis、but has been steadily recovering since 2010. The market reached 392,000 units in 2013 and 327,000 units for the January-September 2014 period owing to the economic recovery in the U.S. The heavy-duty truck (Class 8) market for the first nine months of 2014 was split among four major OEMs: Daimler (36.6%), Paccar (27.5%), Volvo (21.2%) and Navistar (14.6%). Paccar's sales in North America for the January-September 2014 period grew 16.2% y/y. Navistar reported a 24.0% y/y increase in its sales of heavy-duty trucks in North America for the first nine months of FY2014 owing to introduction of SCR-equipped models. Daimler and Volvo will be featured in our upcoming reports.
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