The Chinese HD truck market dwarfs the rest of the world.
For example China's HD truck sales for 2020 was 1.2 million with half of these prime movers while the US HD market was 190,000 units having shrunk since 2019 while China's market expanded by 30%+ over 2019.
In the good old days the US HD truck market was the biggest in the world.
Truck sales together with tool hire volumes have been used in the past by the RBA for specific industry growth forecasts.
