
Truck & Bus Manufacturing
Description
Brief Excerpt from Industry Overview Chapter:Companies in this industry manufacturing heavy duty trucks including companies that manufacture and assemble heavy duty vehicles and buses. Major companies include International and PACCAR (both based in the US), along with Dongfeng Motor and FAW (both based in China), Mercedes-Benz Group (Germany), Tata Motors (India), and Volvo Cars (Sweden).COMPETITIVE LANDSCAPEHeavy truck demand is driven by growth in the agriculture, manufacturing, construction, and retail sectors. Bus demand is driven by growth in the number of school-aged children and investment in public transportation systems. The profitability of individual companies depends on volume and sales of high-margin options. Large companies enjoy economies of scale in purchasing. Small manufacturers can compete by offering highly customized products. The US industry is highly concentrated: the top 20 companies account for more than 95% of revenue.PRODUCTS, OPERATIONS & TECHNOLOGYTrucks and buses can be classified by gross vehicle weight rating (GVWR), which measures the total allowable weight of fully-loaded vehicles. Generally, heavy-duty trucks account for about 50% of the industry's revenue. Buses, including military, account for about 25%. Other products include buses, excluding military and trolley buses, account for about 25%.
Table of Contents
- Industry Overview
- Quarterly Industry Update
- Business Challenges
- Business Trends
- Industry Opportunities
- Call Preparation Questions
- Financial Information
- Industry Forecast
- Web Links and Acronyms
Search Inside Report
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.