Future for trucks remains bright

October 2008
Trailer / Body Builders;Oct2008, Vol. 49 Issue 12, p97
Trade Publication
The article deals with the outlook of Richard Walles, director of heavy truck industry research for Global Insight, on the future of the global truck market. Walles believes that the truck industry is in the in midst of a boom with the exception of North American Free Trade Agreement (NAFTA) countries. He relates the reasons for the growing demand among emerging markets. Walles expects global truck demand to post an average growth of 4.3% per year between the baseline of 2007 and 2012.


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