Increasing demand for Mack heavy duty trucks led an order increase of 26% in the fourth quarter of 2024 for the North American arm of the Volvo Group, Mack’s parent company.

In the fourth quarter, Mack’s order intake increased 58%. For the full year of 2024, the order intake was down 23%. Fully electric truck orders continued to grow, increasing 700% in the fourth quarter to 48 from 6 in the previous years, and for the full year rose to 144 from 24 in 2023.

By region, Mack order intake in the 4th quarter increased 62% in North America, 247% in South America, and declined 25% in Africa and Oceania. In the 4th quarter, Mack also saw an 87% increase in Heavy Duty truck orders, but a 40% decline in Medium Duty trucks.

https://www.wfmz.com/business/mack-trucks-shifts-up-a-gear/article_9e546cbc-de69-11ef-a592-d79f606acf7e.html

I didn't know Mack had sold out to Volvo, who sold the majority share to Geely. They are Chinese. So, Mack is owned by a Chinese company? WTF?