Mack to lay off 450 - Allentown Morning Call, PA
But nobody expected the good times at the company to last forever. The recent surge in demand was driven by new U.S. emission standards that are expected to increase prices as much as $7,500 per $100,000 truck as of Jan. 1.
Customers have rushed to buy cheaper trucks before they are taken off the market. With their fleets replenished, there will be little demand for the new, more expensive trucks next year.