Forbes.com: How does the world look from the perspective of a heavy duty truck maker?
The growth momentum of the heavy-duty truck sector has been declining since 2010 when China surpassed the million-vehicle mark in terms of heavy-duty truck sales.
For all intents and purposes, the heavy duty truck market is a purely local affair in China, and it is likely to stay that way.
North American heavy duty truck sales peaked in 2006 with 360, 000 units, just ahead of tighter emission standards, and plunged to 110, 000 units in 2009.
Although the heavy duty market is suffering from a cyclical downturn, with sales off 13.4 percent last year and continued weakness so far in 2012, all five companies have profited from the boom in heavy duty truck sales over the past five years and are financially strong.
Unlike the light-duty vehicle market, most medium- and heavy-duty truck purchasers operate on slim profit margins where fuel costs are a major factor in their economic survival.
The site says 7.2 percent of the national daily oil consumption is attributed to heavy-duty truck idling.
Soon, you guys will be building all the key parts that go into powering a heavy-duty truck, all at the same facility.
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For environmental technologies, the company sees a year-over-year decline in Q1, but for the full year, the company sees growth in the worldwide auto and heavy-duty diesel truck markets.
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When looking at SUTs, a category that would seem to offer a lot to those with light-duty truck needs but heavy-duty families, the Avalanche takes the high ground.
Orders for heavy-duty emissions products declined substantially as truck demand slowed significantly in the third quarter and manufacturers began to manage inventory.
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This third wave will also see a significant number of new heavy-duty natural gas vehicles, including bus and truck fleets.
No international truck brand has gained any significant traction in the China heavy-duty market, despite their obviously superior technology.
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