Medium-Duty Truck Sales Expected to Rebound in 2002
Jim Galligan
| Special to Transport Topics Sales of all medium-duty vehicles, including trucks, buses and chassis, should drop about 6%, to 225,700 units, this year. That’s a “soft landing,” said Eli S. Lustgarten, managing director of H. C. Wainwright & Co., investment analysts headquartered in Boston.
Next year’s sales may drop again, to about 205,000 units, before starting to increase again in 2002, Lustgarten told members of the National Truck Equipment Association on Sept. 17. Members of the organization are body manufacturers, truck accessory suppliers and upfitters, companies that install bodies and components on truck chassis.
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