Chris FisherFrom the AuthorMarket AnalysisQ1 2024 Truck Production Index Points to Modest DeclinePower Systems ResearchPower Systems Research's Truck Production Index suggests medium and heavy commercial vehicle production in many areas is expected to decline, while production in China, South America, Japan and Korea is expected to improve over last year.Market AnalysisTruck Production Index for Q1 2023Power Systems ResearchThe PSR-TPI decreased from 108 to 106, or -1.9%, for the three-month period ended March 31, 2023, compared to Q4 2022.Market AnalysisPower Systems Research Truck Production Index for Q4 2022Power Systems ResearchThe PSR-TPI measures truck production globally and across North America, China, Europe, South America, Japan and Korea, and emerging markets. Data comes from OE Link, a proprietary database maintained by Power Systems Research.Market AnalysisCommercial Truck Production Expected to Decline in 2022Power Systems ResearchThe second quarter 2022 PSR-TPI shows gains in truck production of 11.5%.On-HighwaySecond Quarter 2021 Power Systems Research Truck Production Index Climbs 193.5%Power Systems ResearchExcept for China, all regions are expected to experience solid commercial vehicle demand growth this year and into 2022.On-Highway2021 is Looking Better for Most Global Commercial Vehicle MarketsOrders for medium- and heavy-duty commercial vehicles improved in the second half of 2020 in many global markets, indicating improved conditions in 2021.Page 1 of 1
