North America

In North America, sales of heavy-duty trucks rose 20% to 142,096 vehicles (117,983), primarily driven by rising demand for trucks for long distance haulage and regional distribution. The market for construction trucks remained weak. The market for construction equipment rose 20% after a three-year decline. However, the market still remained at a low level.

Despite the uncertain macroeconomic trend, the need to replace old trucks and upgrade the truck fleets is substantial, which is expected to drive an improvement in demand. The total market for heavy-duty trucks in North America is expected to amount to approximately 220,000 trucks in 2011. The market for construction equipment is expected to grow by 20-30% in 2011.