Demand Of Light Truck In North America

Contents
Introduction3
Market Definition3
assiduity execution:3
Industry Forecast:3
Key factors for Demand of Light Trucks:4
Regulation and taxation4
Changes in Market Conditions5
i) Fuel Price:5
ii) Economic fadeout:6
External Factors6
Conclusion:7
APPENDIX 18
Appendix 29
Bibliography10

Introduction
Purpose of this report is to estimate demand of swinginghearted trucks in North America in 2015.This report will besides discuss factors that will affect the demand.
Market Definition
The light trucks mart includes all light commercial vehicles (LCVs) and light buses and coaches (LBCs) weighing up to 10000 pounds. This report includes pick-ups and vans, but excludes sports utility and similar vehicles. topic covers North American commercialise. United States leads the North American light trucks commercialise segment, accounting for 84.1% of the regional markets note quantify. Canada contributes 10.5% of the regional markets value.
Industry Performance:
Light truck perseverance gained market share from 1970 to 2004, with gross revenue peaking in 2004. After that, industry had witnessed constant decline from 2005 to 2009, US light trucks market value shrank from 244.4 one thousand million in 2006 to 139.3 billion in 2009.



The compound annual prise of change of the market in the period 2005-2009 was -9.3%. Rising gas prices and recession were primary(prenominal) contributors in unprecedented decline of the industry. Light truck industry enjoyed a significant rebound in 2010 and 2011. The United States light trucks market grew by 18.7% in 2010 to egest a value of $165.3 billion. Canadian light trucks market grew by 17.1% in 2010 to reach a value of $10.8 billion. (Appendix 1)
Industry Forecast:

For US, the performance of the market is forecast to accelerate, with an anticipated compound annual growth rate (CAGR) of 8.6% for the five-year period 2010 - 2015, which is expected to drive the market to a value of $250.2 billion by the end of 2015.For Canada, the performance of the...If you want to corroborate a full essay, order it on our website: Ordercustompaper.com



If you want to get a full essay, wisit our page: write my paper