Tractor demand no longer necessarily a gauge for market health

EV’s .. that’s this administration’s dream

 

Light and medium duty vocational trucks are affected starting in MY2027, heavy vocational trucks and daycab tractors are affected in MY’s 2029 and 2028 respectively. Sleeper cab tractors aren’t affected until MY2030, and in 2030 they only need to see a 6% increase in economy over MY2027. Sleeper cab tractors are affected the least only seeing a 25% increase in economy by MY2032, whereas light duty vocational trucks have see an increase in economy of 60% over MY2027 by that time.

https://www.epa.gov/system/files/documents/2024-03/420f24018.pdf

 

The article is vague. Let’s see the numbers for OTR sleepers, day cabs, vocational. All I care about is OTR sleeper Trucks. New and used. It’s easy to see current prices. New Truck orders, dictate future prices of new and used. Big fleets are always upgrading. They have no choice. It looks like the used prices are going to keep dropping. That’s incentive itself for fleets to trade up sooner than later. I see a nice window of opportunity to get a great deal on a 2 yr old Truck coming real soon, at the rate prices are dropping. Used market is going to be a buyers market. Good news for O/O’s. Depending on where they’re currently at on equipment. Simply put, it’s already cheaper and easier to buy a newer Truck vs. doing an inframe. Couple O/O’s I know have recently done just that. Old Trucks are broken down and parked.

 

Boo…….

the Internationals pos that my town runs get 1.5 mpg plowing with wing and sander…….. should be right up an ev trucks ally

 

And the last storm we were out for 24 hours straight….. only stopped to reload sander and coffee to go at the garage…..

 

Sounds like they better figure out how to buy a bunch of trucks ahead of the mandate then. Also if you read it, there’s nothing mandating electric vehicles. It’s up to the manufacturers as to how they meet the targets.

 

Didn’t the Supreme Court rule in W. Virgina vs EPA, that government agencies do not have the power to ‘make laws/statutes’? The power to ‘make law’ rests solely with the legislative branch passing ‘bills’ that advance to the Executive Branch, that then is signed by the President?