Truck purchasing plans: An international look

Avatar photo

How do the purchasing plans and beliefs of Canadian fleets compare with those in other major industrialized nations? GE Capital Solutions sought to find out by surveying 1,200 international trucking industry leaders. It found that just more than half (53%) of Canadian truck operating businesses intend to acquire more units between Sept. 2006 and Aug. 2007, compared to two-thirds in the United States, 40% in the United Kingdom and 55% in France. An important difference between North American and European purchasers centred on their perception of the fuel performance expected from the new trucks. Only 18% in the United States and Canada regarded the purchasing of new units as a means of reducing fuel costs, an indication that most fleets remain sceptical about the fuel efficiency of the 2007 engines. In France, 49% believed that new units would deliver savings on fuel, as did 39% in the United Kingdom.

Avatar photo

Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry.

Have your say

This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.