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Commercial Transportation 5% $1.5 billion
Alcoa segments that sell products to this market: Flat-Rolled Products, Engineered Solutions, Extruded and End Products
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Alcoa holds the #1 share position in four product categories of the
North American commercial vehicle market. Our products include
electrical systems, wheels, Huck fasteners, and semi-fabricated
sheet products for trucks and trailers. Alcoa’s core value proposition
of delivering increased payload capacity, improved fuel economy,
durability, and good looks continues to resonate with our commercial
transport customers globally.
Global heavy truck production fell 1% due entirely to an anticipated
steep drop in North America. Production volumes in North America
declined 44% in 2007 following implementation of new emissions
regulations. In Europe, heavy truck builds increased for a fourth
consecutive year at an annual rate of 8.5%. In Asia, 2007 heavy
truck production was up 17% driven by strong economic growth in
the region.
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