Looking ahead, find out how economic and market factors — such as COVID-19, the labor market and chassis inventory — may affect the industry and your company with NTEA’s 2021 work truck industry forecast. According to Steve Latin-Kasper, NTEA senior director of market data and research, “The 2021 forecasts for truck chassis, tractor and van sales are all positive, and industry companies should expect growth going forward — but it will likely be a few years before capacity is strained to the same extent it was at the third-quarter 2019 peak.”
NTEA members, login for access.
Not an NTEA member? Sign up below for access.