This piece of analysis from Morgan Stanley catches the eye. It’s not about trucks per se, but more a counterpoint to the current globalisation debate.

The author muses on the possibility of a return to what he terms ‘localisation’, and the impact thereof. And, given that the automotive industry has rushed headlong into a global world, what he has to say is not without significance. Bush is already adopting a quasi-isolationist posture – what happens if the rest of the world follows?