Industry Analysis & Industry Trends
Commercial vehicle wholesalers experienced a tumultuous past five years. Industry revenue is forecast to decline by an annualised 3.5% over the five years through 2012-13 to reach $5.02 billion. The period also demonstrated large fluctuations in year-on-year revenue growth rates. Small owner-operator trucking companies could not cope with rising fuel and operating costs and many of them went bankrupt. The demise of small freight operators had a negative effect on truck sales overall. Industry revenue is expected to recover by 2.5% over 2012-13. A recovery is expected to occur on the back of an uptick in capital expenditure by the private sector.
Truck demand also tends to be volatile due to constantly changing design rules... purchase to read more
Industry Report - Industry Analysis Chapter
Over the past five years, demand for commercial vehicles has been erratic, and wholesalers have had to sit on the edge, ready to adapt their businesses to ever-changing conditions. Volatile fuel prices, unstable exchange rates, evolving emission and transport regulations and the global financial crisis have created a lot of uncertainty within the Commercial Vehicle Wholesaling industry. Year-on-year growth rates have varied quite significantly, but overall industry revenue is expected to decrease by an annualised 3.5% over the five years through 2012-13 to reach $5.02 billion.
Industry revenue is estimated to grow 2.5% in 2012-13. A return to revenue growth is expected as business return to investing in new commercial vehicles... purchase to read more