Since last year, with the improvement of the U.S. economic situation, the sales volume of the US truck market has been steadily increasing, and the demand for engines has greatly increased. In the first two months of this year alone, Cummins has won a 4% share of the heavy truck market. Foaming Profile Extrusion Line Foaming Profile Extrusion Line,Foam Profile Extrusion Production Line,Foam Profile Extrusion Line,Pvc Profile Machine Shanghai Jiahao Machinery Manufacturing Co., Ltd. , https://www.jiahaoextruder.com
Cummins estimates that this year's revenue will increase by 15% from last year. The main reason why the diesel engine manufacturer is optimistic about the prospects is that the US heavy truck market is recovering. The rapid increase in sales of products in the Chinese and Indian markets is also an important factor for Cummins’s optimism about the future.
The person in charge of Cummins said: “The demand for the entire engine market is increasing, and heavy-duty truck engines are in great demand. However, the rapid rise in the prices of steel, copper and other commodities may have some impact.â€
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