This report is a proven and reliable global truck industry reference tool and is a necessity for those involved in competitor analysis and strategic planning in the global commercial vehicle industry and anyone needing an understanding of this important industry sector.
It is divided into three main sections:
Industry review
An analysis of the structure and profitability of the world’s truck industry, looking at the performance of the sector through its demand cycles. The current pressures shaping the industry are detailed and their implications discussed, including mergers, acquisitions and alliances, environmental legislation and the push to establish leadership in emerging markets.
Company profiles
For each of the key truck manufacturing groups the report provides comprehensive profiles analysing the major operational issues including:
- Performance – Discusses recent results in detail, comparing them with historical results and charting revenue and profit trends
- Business structure – Evaluates the businesses strategy, structure and planned development
- Markets – Unit sales by market over recent years are presented and sales plans discussed
- Models – Current model ranges and product development plans are discussed
- Production strategy – Unit production data is provided along with capacity expansion and consolidation plans
- Notes on the accounts – Identifies the pitfalls to be avoided when interpreting the financial data for each company
Financial statistics
The backbone of the report is the supporting database of financial statistics and performance ratios covering all the world’s major truck manufacturers and their key subsidiaries from 1983 onwards. This comprehensive database provides an unrivalled source of information, putting into perspective the current performance in the global truck industry.
For ease of comparison and understanding, the financial statistics for each manufacturer are provided both in a common currency (euros) and the native currency. Applying each of the 30 performance ratios most commonly used by analysts, the report allows users to assess thoroughly, the strengths and weaknesses for each group and across the groups.
Table of contents:
- Chapter 1: The global truck industry
- Chapter 2: Ashok Leyland
- Chapter 3: Daimler Truck
- Chapter 4: Hino Motors
- Chapter 5: Isuzu
- Chapter 6: Iveco
- Chapter 7: MAN Truck & Bus
- Chapter 8: Mitsubishi Fuso Truck & Bus
- Chapter 9: Navistar International Corp.
- Chapter 10: Paccar
- Chapter 11: Renault Trucks
- Chapter 12: Scania
- Chapter 13: Tata Motors
- Chapter 14: Traton
- Chapter 15: UD Trucks
- Chapter 16: Volvo Truck & Bus
- Chapter 17: Other truck manufacturers
- Appendices
- Appendix 1: Methodology & exchange rates
- Appendix 2: European, US & Chinese market data
- Appendix 3: Financial statistics & key ratios (€) (spreadsheet in Excel)
- Appendix 4: Financial statistics & key ratios (native currency) (spreadsheet in Excel)
- Appendix 5: Truck production by group & sector (spreadsheet in Excel)
- Appendix 6: Exchange rates (spreadsheet in Excel)
List of figures
- Figure 1: Global demand for >6t trucks
- Figure 2: Global truck sales, regional share 1996-2023
- Figure 3: New truck sales (6t-plus) worldwide by region, 2015-2024 (000s)
- Figure 4: New heavy truck sales (16t-plus) worldwide by region, 2015-2024 (000s)
- Figure 5: 5-year average operating margins of the major truck manufacturers, 2019-2023
- Figure 6: 10-year average operating margins of the major truck manufacturers, 2014-2023
- Figure 7: Truck production (6t-plus) by manufacturer, 2023
- Figure 8: Truck production (16t-plus) by manufacturer, 2023
- Figure 9: Daimler Trucks* revenue & operating profit margin trend
- Figure 10: Daimler revenue by division
- Figure 11: Daimler Truck sales by market (000s)
- Figure 12: Hino revenue & operating profit trend
- Figure 13: Hino net income trend
- Figure 14: Hino sales
- Figure 15: Isuzu revenue & operating profit trend
- Figure 16: Isuzu net profit trend
- Figure 17: Isuzu sales (built-up units)
- Figure 18: Isuzu HCV unit sales including KD sets
- Figure 19: Iveco revenue & operating profit trend
- Figure 20: Iveco net profit trend
- Figure 21: CNH Industrial, revenue by division 2021 (excluding intra-company & ‘Other’)
- Figure 22: Iveco Group, revenue by division 2023
- Figure 23: Iveco unit sales by market
- Figure 24: Iveco sales by range, 2010-2023
- Figure 25: MAN Group revenue by division, 2009-2018
- Figure 26: Navistar pre-tax profit and US industry sales, 1983-2020
- Figure 27: Paccar (Manufacturing) revenue & operating profit trend
- Figure 28: Paccar net profit trend
- Figure 29: Paccar revenue & profit by division
- Figure 30: Scania revenue by division (vehicle & service), 2014-2023 (%)
- Figure 31: Traton revenue & operating margin trend
- Figure 32: Traton sales by market (000s)
- Figure 33: Nissan Diesel (unconsolidated) revenue & operating profit trend
- Figure 34: Nissan Diesel (unconsolidated) net profit trend
- Figure 35: Nissan Diesel revenue by division (%)
- Figure 36: Nissan Diesel, unit sales
- Figure 37: Volvo truck & bus revenue & operating profit trend
- Figure 38: Volvo Group revenue by division (%)
- Figure 39: Volvo Truck consolidated sales by region
- Figure 40: Volvo Group truck sales by market (including non-consolidated)
- Figure 41: Spreadsheet structure
- Figure 42: Exchange rates – units of currency per euro
- Figure 43: Value of export earnings in foreign currency
- Figure 44: New truck registrations (000s), EU+EFTA+UK
- Figure 45: US truck retail sales by weight class
- Figure 46: US weight classes
- Figure 47: Chinese truck production by segment, 2015-2023
- Figure 48: Sales and shares of top-3 Chinese truck manufacturers by segment, 2023
