Truck Makers Foresee Dip After October
LAS VEGAS — Customer orders for big trucks, now undergoing a dramatic rebound, are likely to plummet in the fall and remain flat well into 2003 once the current rush has spent itself, truck manufacturers told their dealers at a national meeting last week.
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Orders for future deliveries of Class 8 tractors nearly doubled in the first three months of 2002 and rose 170% in March, compared with the same periods a year ago, according to ACT Research Co.
But the buying surge will not last and dealers should search for sources of revenue other than new-truck sales, the truck makers said at the American Truck Dealers annual meeting.
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