Advertisement

Mack market share edges up

February 01, 2001

Mack market share edges up



Despite a 17.7-percent dropoff in retail sales, Mack Trucks, Inc. increased its share of the U.S. heavy truck market last year, the company said Wednesday.

Mack spokesman John Mies said the industry itself was down 19.4 percent.

Mack sold 28,210 Class 8 trucks in 2000, down from 34,264 the previous year. The company's market share rose slightly, from 13.1 percent to 13.3 percent.

"We expect 2001 to be another difficult year in terms of industry volume," Mies said.

He said the slight gain may not affect the Hagerstown plant, which shuts down for two weeks each year because of the slow market.

The Hagerstown plant is closed this week and was closed last week.

Last year, the plant closed by design for two weeks and unexpectedly for two others - one in August and one in October.

Advertisement

Mies said no additional shutdown weeks are planned this year.

In 1999, Mack's sales volume went up almost 28 percent from 1998.

The company said its U.S. market share has gone up eight straight years.

Mack also reported Wednesday that its Canadian subsidiary, Mack Canada, Inc., increased its market share from 9.3 percent in 1999 to 10.2 percent last year.

Mack Trucks Australia Pty. Ltd., an overseas subsidiary, went from 11.9 percent of the Australian heavy-duty truck market in 1999 to 14.3 percent in 2000, thanks to two new branches and a new dealership, the company said.

The Herald-Mail Articles
|
|
|