This is also the second straight month that the class 8 truck orders remained below 20,000 units, after falling below it for the first time since August 2023 in March.
Sluggish CV sales growth in 2024 may be a blip, given that new emission norms effective in US from 2027 may lead to pre-buying, which will once again augur well for forging companies
Positive developments in the hydrogen space glossed over some tough underlying issues like sky-high hydrogen prices. The post Hydrogen’s newsy week skips over underlying challenges appeared first on FreightWaves.
Fleets waited two years for back-ordered Class 8 trucks. Now largely met, demand has shifted to replacement needs. The post Class 8 catch-up largely over as replacement iron drives orders appeared first on FreightWaves.