Rassini, a Mexican company that works in the design and manufacturing of suspension and brake components for the automotive industry, is bringing its leaf springs to the North American Heavy Commercial Truck market.
Previously, the company exclusively served the South American market, but it anticipates its North American market share in the segment to double by 2018.
"Entering the commercial truck market in North America was a natural progression for us and we are already experiencing early success," said Eugenio Madero, president of Rassini S.A.B. de C.V.
In North America specifically, 55 percent of sales come from heavy trucks, while the remaining results come from medium-duty offerings. Sales last year saw a moderate global growth of 3.3 percent to 3.6 percent, according to a Frost & Sullivan market insight study of the commercial truck market.