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Tuesday, Apr 24
2012, 11:12 AM
The U.S. commercial truck market should generate solid growth this year after truck makers align...
The U.S. commercial truck market should generate solid growth this year after truck makers align their production with moderating demand, says Eaton (ETN +3.4%) CEO Alexander Cutler. Rising fuel costs, order cancellations and factory production cuts have fueled a bearish outlook for the truck industry, but "we're not panicked," Cutler says. Truck production ramped up late last year, and appears to be continuing into this year as well.