Survey says: Slow equipment purchase rebound in 2008
Dec 14, 2007 9:43 AM
A slow rebound in equipment purchases in 2008 was forecast as a result of a recent survey by CK Commercial Vehicle Research.
The results came from 59 for-hire, private, and government fleet managers who responded to the survey.
While the majority surveyed (78 percent) indicated they planned to buy power equipment in 2008, many will be waiting until the second quarter or later. For 32 percent of them, the number of power units to be purchased will be “less than a typical buy”.
With regard to trailer purchases, fewer fleets surveyed (64 percent) planned to buy trailers in 2008; of those, 68 percent indicated their purchases would represent a typical number of units for their fleet.
A small percentage of those fleets surveyed did indicate their equipment purchases in 2008 may be more than a typical number: 14 percent for power units and 11 percent for trailers.
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