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Mack Trucks deliveries fall 40 percent in August
Deliveries at Mack Trucks Inc. plummeted 40 percent in August compared to last year, a trend the company attributed to weak economic conditions in North America.
Mack recorded 755 deliveries last month, down from 1,266 in August 2008, parent company AB Volvo announced today.
The truck manufacturer reported declines in all of its markets. Its largest segment, North America, reported a 26 percent drop in deliveries.
The company has said the economic downturn, particularly in housing construction and retail sales, has affected its core markets. Year-to-date sales are down 38 percent.
Mack is in the process of a company-wide restructuring, including moving all manufacturing to its Macungie plant, which employs about 525.
Mack recorded 755 deliveries last month, down from 1,266 in August 2008, parent company AB Volvo announced today.
The truck manufacturer reported declines in all of its markets. Its largest segment, North America, reported a 26 percent drop in deliveries.
The company has said the economic downturn, particularly in housing construction and retail sales, has affected its core markets. Year-to-date sales are down 38 percent.
Mack is in the process of a company-wide restructuring, including moving all manufacturing to its Macungie plant, which employs about 525.
10:52 PM
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