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Could potential rising equipment costs affect the outlook for new vehicle demand?

Posted by The FTR Experts on Jun 24, 2021 12:33:28 PM

Don Ake and Jonathan Starks discuss how new vehicle demand could be affected by a hike in equipment costs, and indicators that may predict a change.

This Q&A response from the FTR Experts came from our May CV Update webinar. View the video and the key takeaways below. 

 
Key Takeaways:

  • It remains to be seen how things will go until OEMs open their 2022 order boards, but if it's based on demand numbers could be huge.
  • Costs too high will tamp down demand, however.
  • Equipment costs have the potential to slow things, but not stop things.

 

Tags: trucking, CV Update, equipment costs, vehicle demand

 

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