Commercial Vehicles

Date Report Title
September 14, 2017 Mid-3Q17 Commercial Vehicle Survey: Sales/orders slow, but fleet owners remain positive; NS5 impact limited; Overloading Crackdown continued
August 2, 2017 Comm’l Vehicle Checks Point to Solid Demand; Overloading crackdown still dominant driver; NS5 overhang limited thus far
July 14, 2017 2Q17 Commercial Vehicle Survey: Positive quarter balanced by moderating outlook; NS5 pre-buy less than expected; Signs of improvement for LNG trucks
June 15, 2017 Mid-2Q17 Commercial Vehicle Survey: Mixed dealer and freight trends; Overloading crackdown moderating; Downgrading to Neutral
May 12, 2017 1Q17 Wrap: China Drives Growth – Where Do We Go From Here? Auto Forecasts Remain Too Optimistic; Process is Sole Sector with Accelerating Growth Trajectory into 2018
April 19, 2017 1Q17 Commercial Vehicle Survey: Strong sales/orders trends; Pricing/freight rate expectations at new highs
March 15, 2017 Mid-1Q17 Commercial Vehicle Survey: Policy and macro drivers continue to underpin favourable trends
January 17, 2017 4Q16 Commercial Vehicle Survey: Solid quarter; Policy and macro drivers underpin positive fundamental outlook
December 15, 2016 Mid-4Q16 Commercial Vehicle Survey: Dealer and fleet outlook higher; Overloading crackdown a significant driver; Reaffirm Positive sector view
November 15, 2016 Early 4Q16 Commercial Vehicle Survey: Broad-based strength; Dealers and fleet owners express optimism; Overloading crackdown a material tailwind
October 17, 2016 3Q16 Commercial Vehicle Survey: Strong quarter; Overloading crackdown potentially tailwind for 2017
October 7, 2016 China Trucks (WBC/CMI): New Weight Limits and Overloading Crackdown – Net Positive for China Truck Demand
September 14, 2016 Mid 3Q16 Commercial Vehicle Survey: Freight volume and rates positive; 2017 outlook ticked up
August 15, 2016 Early 3Q16 Commercial Vehicle Survey: Fleet owner purchase expectations continued to improve; CMI market share new high
July 15, 2016 2Q16 Commercial Vehicle Survey: Dealer and fleet trends continue to improve; CMI market share new high
June 14, 2016 Mid 2Q16 Commercial Vehicle Survey: Dealer and fleet trends continued to improve; Raising to Positive
May 13, 2016 Early 2Q16 Commercial Vehicle Survey: Continued improvement in dealer sales and freight volumes; Outlook ticked up
April 18, 2016 1Q16 Commercial Vehicle Survey: Mixed trends in March; Better 1Q overall
March 15, 2016 Mid-1Q16 Commercial Vehicle Survey: Better month overall; Dealer outlook at five-month high
February 16, 2016 Early 1Q16 Commercial Vehicle Survey: Overall mixed trends to start the quarter; Fleets still cautious on capex
January 14, 2016 4Q15 Commercial Vehicle Survey: Overall trends lower Q/Q; Outlook mixed
December 15, 2015 Mid-4Q15 Commercial Vehicle Survey: Mixed month; Demand still lacking a catalyst
November 16, 2015 Early 4Q15 Commercial Vehicle Survey: Soft start to the quarter; Demand lacking a catalyst
October 15, 2015 3Q15 Commercial Vehicle Survey: Dealer sales picked up in September; Freight indicators more mixed
September 16, 2015 Mid-3Q15 Commercial Vehicle Survey: 3Q dealer trends tracking worse Q/Q; Freight indicators improved
August 14, 2015 July 2015 Commercial Vehicle Survey
June 11, 2015 May 2015 Commercial Vehicle Survey: May Industry Trends Show Improvement
May 15, 2015 April 2015 Commercial Vehicle Survey: Mixed Dealer Trends; Weak Freight Environment
April 17, 2015 March 2015 Commercial Vehicle Survey: Weak 1Q15; Industry Conditions Still Soft
March 13, 2015 February 2015 Commercial Vehicle Survey: February a better month overall
February 17, 2015 January 2015 Commercial Vehicle Survey: Sales and pricing outlook deteriorated