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Global Truck Production Reports

PSR Truck Production Index is a proprietary global truck production report by region that’s prepared by analysts at Power Systems Research. There are two editions of the TPI Index report: A Global Edition and a specialized South America edition that provides additional data and analysis on the South America market, especially Brazil, Argentina and Columbia.

The TPI indices are based upon truck production in 2012 and are pulled from data contained in the PSR CV Link™ commercial vehicle database. The PSR-TPI reports are produced quarterly and measure production across six regions: North America, China, Europe, South America, Japan & Korea and Emerging Markets.

What Is Included In the PSR TPI Report?

The report covers light, medium and heavy commercial vehicles by weight class, including class 3-8 trucks and bus chassis. PSR’s analysis includes current and long-term trends as well as forecasts of future commercial vehicle demand by region.

Q3 2020 Power Systems Research Truck Production Index (PSR-TPI) climbs 203%

St. Paul, MN — The Power Systems Research Truck Production Index (PSR-TPI) increased from 36 to 109, or 203%, for the three-month period ended Oct. 31, 2020, from the Q2 2020. The year-over-year (Q3 2019 to Q3 2020) loss for the PSR-TPI was, 117 to 109, or 6.8%.

The PSR-TPI measures truck production globally and across six regions: North America, China, Europe, South America, Japan & Korea and Emerging Markets.

This data comes from OE Link™, the proprietary database maintained by Power Systems Research.

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Q2 2020 Power Systems Research Truck Production Index (PSR-TPI) Drops 74%

St. Paul, MN (July 22, 2020)— Global truck production was battered by the COVID-19 in Q2 2020, and this decline is reflected in the Q2 2020 Power Systems Research Truck Production Index (PSR-TPI). The TPI plummeted from 80 to 34, or 57.5%, for the three-month period ended June 30, 2020, compared to Q1 2020. The year-over-year (Q2 2019 to Q2 2020) loss for the PSR-TPI was, 131 to 34, or 74%.

The PSR-TPI measures truck production globally and across six regions: North America, China, Europe, South America, Japan & Korea and Emerging Markets.

This data comes from CV Link™, the proprietary database maintained by Power Systems Research.

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Q1 2020 Power Systems Research Truck Production Index (PSR-TPI) falls 31.1%

PSR TPI Q1 2020

ST. PAUL, MN — The Power Systems Research Truck Production Index (PSR-TPI) decreased from 122 to 84, or 31.1%, for the three-month period ended March 31, 2020, from Q4 2019. The year-over-year (Q1 2019 to Q1 2020) loss for the PSR-TPI was, 116 to 84, or 27.6%.

The PSR-TPI measures truck production globally and across six regions: North America, China, Europe, South America, Japan & Korea and Emerging Markets.

This data comes from CV Link™, the proprietary database maintained by Power Systems Research.

All Regions: Prior to the spread of the Coronavirus, most regions were experiencing a slowdown in commercial truck demand. Depending on the duration of the virus, several countries are expected to slip into recession or a significant economic slowdown as a result.

Global Index: The possibility of a global recession now exists but it is uncertain how severe this may be. Some regions will fair better than others.

North America: The introduction of the Coronavirus along with an overcapacity of heavy trucks will lead to significantly lower demand in 2020. Prior to the Coronavirus outbreak, concerns about the Chinese tariffs and an overall slowdown in global economic growth were causing some headwinds for truck demand. PSR

Jim Downey is Vice President – Global Data Products at Power Systems Research

Chris Fisher is the Senior Commercial Vehicle Analyst at Power Systems Research

Q1 2019 Power Systems Research Truck Production Index (PSR-TPI) falls 5.2%

The Power Systems Research Truck Production Index (PSR-TPI) decreased from 115 to 109, or 5.2%, for the three-month period ended March 31, 2019, from the fourth quarter of 2018. The year-over-year (Q1 2018 to Q1 2019) change for the PSR-TPI was basically flat,  moving from 110 to 109, or .91%.

The PSR-TPI measures truck production globally and across six regions: North America, China, Europe, South America, Japan & Korea and Emerging Markets.

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