Europeans pushing into the North American medium and heavy-duty truck market
Recent acquisitions from DaimlerChrysler and AB Volvo involving heavy-duty truck suppliers and manufacturers in North America will reinforce the already existing trend for greater participation of European suppliers in the market. A recent Frost & Sullivan analysis of the Class 6, 7, and 8 powertrain and chassis component market in North America showed that participation of European-rooted suppliers, although still quite low, has increased by around 40 percent in the last three years.
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