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Class 8 truck, trailer production expected to rebound by 2023

Class 8 truck, trailer production expected to rebound by 2023
ccjdigital.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ccjdigital.com Daily Mail and Mail on Sunday newspapers.

Class 8 truck, trailer production expected to rebound by 2023

Class 8 truck, trailer production expected to rebound by 2023
ccjdigital.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ccjdigital.com Daily Mail and Mail on Sunday newspapers.

Truck orders reach second highest total ever for February

February 2021 was the second-highest total ever for the month of February and truck orders for the previous 12 months now total 338,000 units. Details here.

Truck OEMs stress concerns with semiconductor chip shortage

Feb 12, 2021 Semiconductor chips require assembly lead times as long as several weeks – if not months – and the demand for new vehicles was not expected to be so strong coming out of a pandemic-depressed economy. A global shortage of semiconductor chips has thrown vehicle production plans for some of the world s largest automakers into question. Ford and GM are among the major players to already announce production limitations that could last into the spring. The chip shortage was spurred by COVID-related vehicle assembly plant shutdowns. With production lines stopped, semiconductor manufacturers pivoted capacity to consumer electronics – sales of which were surging on stay-at-home orders and prodded by a new remote workforce.

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