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truck sales posts

Conditions Likely to Improve for Truck and Parts Makers

Posted Nov 20th 2010 12:10PM by Gary Sattler (RSS feed)
Filed under: Products and Services, Industry, Daimler (DAI), YRC Worldwide (YRCW), Hunt(J.B.) Transport (JBHT), Eaton Corp (ETN)

trucks Good news is coming in for the builders of heavy trucks, such as Paccar (PCAR), and for truck parts manufacturers, including Eaton (ETN). An aging national truck fleet, coupled with rebounding interstate freight volumes, signal that 2011 is shaping up to be a strong year for heavy trucks and the investors who play them.

A report from Bloomberg Businessweek reveals that manufacturing totals for heavy trucks could jump to as many as 235,000 units in North America for 2011. This compares to a total of approximately 150,000 units for 2010.

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U.S. Producer Prices Increase During October

Posted Nov 16th 2010 1:00PM by Mark Fightmaster (RSS feed)
Filed under: Economic Data

According to the Labor Department, U.S. producer prices increased a seasonally adjusted 0.4% during October thanks mainly to an increase in energy prices.

Energy prices increased 3.7% during the month, the largest monthly increase since January. This increase was driven (so to speak) by a 9.8% increase in gasoline prices. Food prices dropped 0.1% during the month, with plunge led by a drop of 8.1% in the government's index for fresh and dry vegetables.

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Ford and Chrysler bring country to Motown

Posted Jan 14th 2008 3:40PM by Michael Fowlkes (RSS feed)
Filed under: Forecasts, Products and Services, Launches, Consumer Experience, Conventions and Conferences, Ford Motor (F), Marketing and Advertising

For residents of Detroit, today may have felt like they were transported back to the great old West, as automakers Ford Motor (NYSE: F) and Chrysler brought country to Motown for this year's North American International Auto Show.

For Ford, that meant recruiting the help of country music icon Toby Keith to unveil its newest model of the popular F-150 heavy duty truck. For Chrysler, it meant taking things to an even higher level. The auto maker literally brought traffic to a standstill when it paraded 120 Texas Longhorns into the convention center surrounding its newest version of the Dodge Ram pick up truck.

Definitely impressive marketing techniques to launch new models. Perhaps Ford and Chrysler figure they better put on a good show this year, after all, truck sales dropped pretty sharply last year, and with gasoline prices still hovering around $3 a gallon, you can bet that the trend will carry over into 2008.

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