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Mack Trucks offers company up to date, offers details on new DME-fuelled trucks NEW YORK, N.Y.– Regardless of the soft market, there are lots of positives surrounding Mack Trucks this year. That was the message executives of Mack Trucks gave to trucking reporters today at a press conference in the location the business was founded, New york city City. Today, said Dennis Slagle, president, Mack Trucks, the business is fixing its initial 2016 projection for North American Class 8 truck sales to 240,000. But, Slagle said, the good news is that, “Mack had another excellent quarter in market share. The mDrive is going nuts. People like it. The more we sell, the more word of mouth as well as the more testimonial strength we get…… We’re really happy…… we’re returning on our feet and we are continuing to grow.” Slagle included that Mack is focusing on correcting the bubble surrounding the stock levels in America right now. “The bottom line is that we had a lot of trucks come in the pipeline which had to be remedied,” he stated, adding that the initial response in September/October of 2015 was that a couple of quarters would resolve the issue, however Christmas came and went and racks were still overstocked. To help accelerate the correction, Slagle verified that Mack is changing its production levels (through prepared down weeks) to “ensure the correction happens” however added that he is “optimistic on the rate of the correction.” “I’m more encouraged today,” he stated. “We’re seeing more work, we’re seeing record levels in the stock market, and I believe we’ll see customer spending increase … and start to clear off those shelves and restocking start to create more truck activity. In general, we think, in 2017 we will start to return to regular.” Also, Slagle said, Mack is turning its focus to its dealer and service centers for an opportunity it sees as a fantastic capacity. “We have information that only 15% of the service work readily available from the 3.5 million trucks is done by OEMs,” he explained during the …
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