The study finds the percentage of Class 8 customers who say they “definitely will” purchase a new Class 8 truck in the next 12 months is down from 25 percent in 2008 to only 16 percent in 2009. This marks the lowest purchase intention level since 2002. Sales, which have plummeted since 2008, continue to be slow in 2009.
“Freight tonnage continues to decline, and fleets are increasing the length of time they keep their trucks operating – both of which lower demand for new trucks,” said Brian Etchells, a senior research manager at J.D. Power and Associates.
- Staff reports
Trucks banned from highway near L.A.
California Gov. Arnold Schwarzenegger signed into law a bill banning large trucks from running on State Route 2 in Los Angeles County near where an auto carrier slammed into several vehicles April 1, killing a man and his daughter.
The law fines commercial vehicles with three or more axles, or weighing more than 9,000 pounds, $1,000 if caught traveling on the section between Big Pines Highway and Interstate 210 in La Ca