THE NUMBER 1 RESOURCE FOR VOCATIONAL TRUCK FLEETS
In 2017 the U.S. aftermarket for Class 6-8 trucks and trailers grew to $30.4 billion and it could be poised for growth through 2022.
UPS is expecting a record 1.4 million returns on Jan. 3 after averaging more than 1 million returns every day before Christmas in December.
Vehicle manufacturers should sell 16.5 million light-duty vehicles in retail and fleet channels in 2014, which represents a 6 percent increase from 2013 amid the backdrop of an improving U.S. economy, according to Edmunds.com.
New registrations in Western Europe climbed by almost 6 percent, the U.S. auto market grew by more than 9 percent, and passenger car sales in China rose by 8 percent, according to a report by the Verband der Automobilindustrie (VDA).
Global automotive growth was seen in the passenger car markets in Western Europe (+6 percent) and Japan (+19 percent), while, in China, demand for passenger cars recorded a double-digit increase (+22 percent).
In January, the European, Chinese, and Japanese auto markets posted substantial gains. In contrast, the auto markets in the U.S., Russia, and India saw their market sales contract.