Commercial Vehicle Market Data & Insights

"The medium- and heavy-commercial-vehicle (MHCV) industry faces unique challenges, distinct from those facing manufacturers of cars, SUVs and light trucks. The fact that nearly all of the customers buying commercial vehicles are businesses, rather than individuals, puts an unwavering focus on cost and value. 

Moreover, the diversity of business requirements for vehicles and the traditionally high volatility in commercial market together demand agility from truck and bus OEMs and fast response times from the supply base. As global air-quality and environmental regulations have grown even stricter, the need to achieve scale for innovation has led to a raft of alliances and mergers across mature markets, even as competition from emerging markets has grown more sophisticated.

Offering industry-leading market reporting and forecast services, S&P Global Mobility helps MHCV participants stay abreast of the latest trends."