Canadian new truck registrations will recover gradually: IHS Markit

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Canadian Class 8 truck registrations plummeted nearly 20% in 2020, to 26,000 units according to data from IHS Markit. However, they’re expected to rebound nearly 15% to 30,000 units this year, before climbing to 34,000 in 2022 and 36,000 in 2023. Meanwhile, Classes 4-7 registrations fell nearly 30% last year to 13,000 units and a […]

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