A historic “super-cycle” of demand is underway, as municipalities shift from routine fleet replacement to strategic modernization, responding to aging vehicles, escalating climate risks, and evolving environmental standards. The 2024 North American fire season alone caused more than US$ 18 billion in insurance losses, prompting governments to prioritize fleet readiness over fiscal austerity and fueling demand for heavy-duty, high-clearance vehicles capable of sustained off-road operations. A historic “super-cycle” of demand is underway, as municipalities shift from routine fleet replacement to strategic modernization, responding to aging vehicles, escalating climate risks, and evolving environmental standards. The 2024 North American fire season alone caused more than US$ 18 billion in insurance losses, prompting governments to prioritize fleet readiness over fiscal austerity and fueling demand for heavy-duty, high-clearance vehicles capable of sustained off-road operations.
