Q3 2017 Power Systems Research Truck Production Index (PSR-TPI) drops 9.5%
St. Paul, MN (October 12, 2017)— The Power Systems Research global Truck Production Index (PSR-TPI) deceased from 116 to 105, or -9.5%, for the three-month period ended September 30, 2017, from Q2 2017. However, the year-over-year (Q3 2016 to Q3 2017) gain for the PSR-TPI was 101 to 105, or 3.9%.
Overall, the global commercial truck industry is stronger than it has been in a number of years and is expected to continue to be strong moving into 2018. While there are still concerns about regional economies such as South America and Greater China, the global economies continue to improve.