-
Q2 2026 Truck Production Index (PSR-TPI) climbs 11.3%
St. Paul, MN — The Power Systems Research Truck Production Index (PSR-TPI) increased from 115 to 128, or 11.3%, for the three-month period ending June 30, 2026, from Q1 2026. The year-over-year (Q2 2025 to Q2 2026) gain for the PSR-TPI was 127 to 128, or 0.8%.
The PSR-TPI measures truck production globally and across six regions: North America, China, Europe, South America, Japan & Korea and Emerging Markets.
This data comes from OE Link™, the proprietary database maintained by Power Systems Research.
All Regions. MHCV demand will vary by region in 2026. North America and Europe have seen orders increase through much of the first half of the year and vehicle demand is expected to improve somewhat over last year. China is expected to see a single digit decline in production much of the decline comes on the heels of very high levels of production in 2025.
Global Index. Overall, global production is expected to decline slightly in 2026 over last year. Ongoing tariffs along with the conflict in the Middle East and the shipping disruption in the Strait of Hormuz are currently putting pressure on truck demand. However, at the time of this writing fuel prices have been declining as more vessels are able to pass through the Strait.
North America. Medium and heavy truck production in North America is expected to increase by 9.5% this year compared with low 2025 production. While class 8 truck production is expected to increase by 13.5% this year as order rates for class 8 trucks have improved strongly throughout much of the year. Improvement in freight rates and freight demand along with tightening truck capacity and some level of truck pre-buy ahead of the 2027 GHG emission regulations is expected to drive increased truck production this year. While truck sales have been down for much of this year, production levels are expected to be strong in the second half of the year. Oil prices have been recently declining which will also help drive truck demand in the third and fourth quarters of 2026. PSR
By Jim Downey, Vice President-Global Data Products
Chris Fisher, Senior Commercial Vehicle Analyst -
Bus Chassis Production Shows Gains, Downturn Likely
Fabio Ferraresi Brazilian bus chassis production reached 16,200 units in the first half of 2026, up 3.2% year-over-year, but June output fell 20.8% from May and 15.1% from June 2025, signaling a possible reversal in the production curve. Registrations totaled 10,200 units in the first half, down 11.6% year-over-year, despite a June rebound supported by subsidized credit from Move Brasil 2.
Anfavea revised its 2026 outlook downward, projecting 22,500 registrations, 25,000 chassis produced, and 4,400 exports, reflecting weaker demand, high interest rates, public procurement delays, and the electoral calendar.
TPI
PSR Truck Production Index
Free quarterly global commercial vehicle production report.
Alternative Power Report
The latest EV and power source news including batteries and fuel cells with analysis by PSR experts.
PowerTALK News
Stay informed each month with insights from Power Systems Research’s analysts working around the world as they identify and comment on important news items in the company’s monthly newsletter.
Subscribe View Archive
OE Link™ Offers
Global
Coverage
OE Link™ database provides OEM products, both On-Road and Off-Road, in 12 regions.
Current Reports
Download complimentary reports that show the type of information available from Power Systems Research.
PowerTALK News
Stay informed each month with insights from Power Systems Research analysts working around the world as they identify and comment on important news items in the company’s monthly newsletter.
Subscribe