Mexican Class 8 truck market to reach double digit growth for third year in a row
For the third year in a row, the Mexican Class 8 truck market will show double digit growth, beating 2015 sales by 20% if it hits the projected 26,000 units, Stefan Kurschner, president and CEO of Daimler Commercial Vehicles Mexico, revealed to Fleetowner.com.
Overall Class 4-8 truck sales are expected to near 33,000 units for an 18% increase over last year, according to the website.
Forecasting similar growth in 2017, Kurschner said the domestic market here is strong enough to continue growing well beyond 30,000 trucks even following annual sales growth of 12% to 14% over the last three years.
Questioned about possible trade disruptions between Mexico and the U.S. under the new Trump Administration, a Daimler Trucks North America spokesperson declined comment, saying “it is not our policy to comment on political speculation.” He added that DTNA “as any good corporate citizen, will continue to engage in constructive dialog with governments in all countries in which it operates.”
Daimler has two truck plants in Mexico including a 6-year-old facility in Saltillo building the current Freightliner Cascadia for both domestic and international markets.