OEM investments, new production capacity in Europe, and selective fleet upgrades highlight this week’s trucking and heavy-equipment developments, alongside signals that subscription-based models and shop equipment demand continue to shape the market.
OEM and Factory Updates
- Hendrickson: Widely known for suspension systems, the company’s product reach extends further into truck and trailer equipment, underscoring its broader role across commercial vehicle components.
- Volvo Construction Equipment: Volvo CE is expanding its European industrial footprint with a new crawler excavator assembly factory in Eskilstuna, Sweden, to serve European markets.
- GM production support: Recent investments are supporting production of the Cadillac Escalade, Chevrolet Silverado and GMC Sierra, as well as the Chevrolet Equinox and Bolt EV.
Fleet and Equipment Moves
- Elevas has added three new Volvo FH16 780 6×4 tractor units to its fleet, signaling continued demand for high-horsepower tractors in heavy haul and long-haul applications.
Service, Electrification, and Operating Models
- BOSCH Auto Service is positioning its network with broader technical resources and brand support aimed at the evolving auto repair landscape, including service needs tied to advanced vehicle technologies.
- Zero-emission deployment: Battery-electric tractors have replaced diesel units on a 24-hour shuttle operation, illustrating practical, around-the-clock use cases for zero-tailpipe-emission trucks.
- Truck-as-a-Service (TaaS): The TaaS market is expanding as fleet operators adopt subscription and pay-per-use models to reduce asset ownership burdens and improve operational efficiency.
Market Watch
- Construction equipment outlook: Recent research highlights continued interest in the North America construction equipment market, reflecting steady demand from infrastructure and heavy civil projects.
- Shop equipment growth: Market Research Future projects the global automotive garage equipment market to grow at a 4.22% CAGR through 2035, pointing to ongoing investment in diagnostics and service capacity.