INDIANAPOLIS, IN — NTEA – The Affiliation for the Work Truck Business launched the second version of the US Industrial Car Market Report–Powered by Industrial Truck Dealer, NTEA and S&P International Mobility. This semi-annual business report delves into the main points, knowledge and traits across the industrial car life cycle—from chassis gross sales to truck registration to later phases when used automobiles re-enter the gross sales market.
“We’re excited to launch the spring 2023 U.S. Industrial Car Market Report back to the business,” mentioned Kevin Koester, NTEA managing director. “We proceed to mine new knowledge with the aim of offering invaluable insights and serving to the business by way of traditionally difficult instances. We look ahead to discussing our findings in our session at Work Truck Week and receiving suggestions to proceed to enhance this invaluable useful resource.”
The second report was launched in the present day together with Work Truck Week® 2023 in Indianapolis, Indiana, throughout a session on traits impacting the North American industrial car inhabitants led by representatives from Industrial Truck Dealer, S&P International Mobility and NTEA.
“Information is energy, and the insights shared within the 2023 U.S. Industrial Car Market Report will arm sellers with the suitable knowledge to make extra strategic and knowledgeable choices of their enterprise,” added Charles Bowles, director of OEM & strategic initiatives at Dealer Interactive, guardian firm of Industrial Truck Dealer. “We’re thrilled to as soon as once more talk about the insights from the report at Work Truck Week alongside NTEA and S&P International Mobility.”
“We’re proud to proceed collaborating with NTEA and Industrial Truck Dealer to ship this nice useful resource to the work truck market,” mentioned Mark Hazel, affiliate director, industrial car reporting at S&P International Mobility. “Because the business works by way of varied provide shortages and the rise of electrical automobiles, this report will proceed to supply invaluable info to assist companies navigate these instances.”
This second version of the U SCommercial Car Market Report leverages a number of advanced datasets to supply an introductory panorama of alternatives, traits and challenges in in the present day’s work truck market.
Matters coated embody:
· Buying traits and forecasts by car class
· Fleet reactions to produce shortages and ensuing results on demand
· How latest chassis shortages have impacted stock ranges
· Proliferation of electrical industrial automobiles
· Common car age shifts
Study extra
The spring 2023 U.S. Industrial Car Market Report is obtainable free to the business. Go to ntea.com/cvmarketreport, or contact NTEA at data@ntea.com or 800/441-6832, for added particulars and report entry.