ST. PAUL, MN — The Power Systems Research Truck Production Index (PSR-TPI) increased from 115 to 118, or 2.6%, for the three-month period ended Dec. 31, 2018, from Q3 2018. The year-over-year (Q4 2017 to Q4 2018) gain for the PSR-TPI was 3.5%, climbing 4 points from 114 to 118.
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 CV Link™, the proprietary database maintained by Power Systems Research..
Except for North America, most of the other key regions are beginning to see an economic slowdown. Regarding the commercial truck market, a slowing global economy along with generally strong truck sales during the past few years is placing downward pressure on commercial vehicle adoption rates.
Detailed comments are contained for each region with a corresponding regional graph in the attached downloadable PDF. PSR
Jim Downey is vice president -global data products at Power Systems Research
Chris Fisher is the senior commercial vehicle analyst at Power Systems Research
