Light Trucks Market - Global Industry Analysis and Forecast to 2020 by Persistence Market Research

New York, NY -- (SBWIRE) -- 09/30/2014 -- Light trucks are the trucks or truck-based vehicles which have a payload capacity of less than 4,000 pounds or 1,815 kg. These trucks in the U.S. are known as light-duty trucks and in the European countries similar vehicles are popularly known as light commercial vehicle. Federal regulation of the U.S. defines light trucks as any motor vehicle which has a gross weight (curb weight and payload weight) of not more than 8,500.0 pounds or 3,855.5 kg. Light trucks are used for three purposes: for the purposes of transportation of property from one place to another, as a carrier vehicle for transportation of persons from one destination to another and to be used off-street or off-highway operation. Light trucks have lower fuel economy standards compared to cars, so these vehicles are used for utilization purposes rather than personal use purpose.