The US middle and heavy truck market is stabilizing over the first 4 months of 2023

The middle and heavy truck market in the USA stands at 160,000 units over the first 4 months of 2023, which augurs for a volume of approximately 480,000 units over the whole year, compared to 475,000 units in 2022, 460,000 in 2021 and 410,000 in 2020.
The 
truck market in the USA is therefore stabilizing after a strong increase recorded between 2020 and 2022 (+16%). We are in fact returning to pre-Covid levels.

This stabilization of the truck market in the USA contrasts with the 10% increase in US sales of passenger cars (including SUVs and MPVs) and pick-ups over the same period. 

The leading truck brand in the USA remains Freightliner which is a subsidiary of Daimler Trucks and which holds 34% of the market. The International brand of the Navistar group (subsidiary of Volkswagen) is second, with 14% of the market, followed by Ford (12%), Peterbilt (9%) and Kenworth (9%). These last two brands form the Paccar group, which should not be confused with the former luxury car brand Packard, which ceased operations in 1958. The Paccar group holds 18% of the truck market in the USA.

Volvo Trucks and Mack Trucks, which are integrated into the Volvo Trucks group, together represent 10% of the market.

It should be noted that the truck market in the USA is divided into two categories: Middle Trucks (medium range) and Heavy Trucks (high range). The brands most involved in the high range are Freightliner, International, Peterbilt, Kenworth, Volvo, Mack and Western Star. Ford, GM and Chrysler are present only in the upper range pickup category. The other brands (such as Isuzu) are mainly present in the category of Middle Trucks.

 
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