Peterbilt to permanently close Tennessee truck assembly plant

Peterbilt Motors Co. announced that it is realigning its North American manufacturing operations, which will result in the permanent closure of its truck assembly plant in Madison, Tenn., effective Dec. 1. Production of Peterbilt vehicles will continue at other facilities. The Madison plant has not built trucks since July 2008.

“This was a difficult, but necessary decision,” said Bill Jackson, general manager of Denton, Texas-based Peterbilt. “The current and projected market conditions are very challenging, and Peterbilt is aligning its production capacity with market demand. Peterbilt is proud to have been a member of the greater Nashville community for 40 years, and we thank our employees for their excellent contribution.”

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.
Download
Used Truck Guide Cover