ACT Research: Changes in type of Class 8 truck demand shifting

Class 8 production is expected to continue its growth trend into 2019, but changes in demand for straight trucks and tractors will impact the type of diesel engines ordered, according to N.A. Commercial Vehicle On-Highway Engine Outlook, published by ACT Research and Rhein Associates.

“Tractors represented 73 percent of total Class 8 production in 2018, but are forecast to fall to 68 percent by 2021, with straight trucks expected to grow to 32 percent. Simultaneously, the trend to smaller displacement engines in Class 8 will continue through the forecast period, with 12-14L engines exceeding the 14L category for the first time in 2019,” says Tom Rhein, president of Rhein Associates.

Regarding Classes 5-7, “The V8/10 engine configuration is predominant in the Class 5 segment, where gasoline penetration is increasing. In Classes 6-7 trucks, 6-cylinder diesel engines remain the predominant engine configuration,” Rhein says.

Ken Vieth, ACT Research general manager, says, “Diesel power is under attack long-term for use in on-highway commercial vehicles. Alternative power is being developed, tested and refined, while diesel engines are also undergoing transition to become more fuel efficient and clean.

“Emission regulations are one of the main drivers of alternative fuel adoption, which is why the Engine Outlook includes a section on the commercial vehicle regulatory environment. It is vital for industry participants to stay up-to-date on developments like the recent EPA update to the NOx emission standards for heavy-duty engines and funding awarded under the Diesel Emission Reduction Act.” Vieth adds.

For more information on ACT’s N.A. On-Highway CV Engine Outlook report, please CLICK HERE.

Learn how to move your used trucks faster
With unsold used inventory depreciating at a rate of more than 2% monthly, efficient inventory turnover is a must for dealers. Download this eBook to access proven strategies for selling used trucks faster.
Used Truck Guide Cover