Image Source: Oliver Bildesheim
Structure of the Truck Machinery Industry
Firms in the oligopolistic truck machinery industry make commercial vehicles, diesel engines, and aftermarket truck parts. A strong brand name and reputation, a fuel-efficient and regulatory-compliant vehicle portfolio, efficient manufacturing operations, an expansive dealer network, and a rock-solid balance sheet to finance customers are keys to success. Still, demand for commercial trucks is cyclical, severe price discounting remains present, and meeting emissions rules can be costly. Rising commodity prices can also keep a tight lid on profit expansion. We’re neutral on the structure of the group.
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We’ve discontinued coverage of the Truck Machinery Industry.