PolitiQuote

Discover video-sourced quotes by politicians

Elizabeth Warren: “At its peak, the rev group controlled about a third of the…”

Featuring: Elizabeth Warren, Democratic | U.S. Senate, Massachusetts

Watch on YouTube

Why Does A New Fire Truck Cost $2.5M?

Published | Video Starts at 03:29

Starting in 2006, a firm called American industrial partners started buying those independent businesses one by one and rolled them all up into a single company, Rev group. At its peak, the rev group controlled about a third of the entire market. And today, three companies control 70 to 80% of fire truck manufacturing market. The chiefs see exactly what's going on. They have us. What's the incentive of them opening another manufacturing plant? (03:29–03:35)

CLAIM

Asserts that Rev Group once controlled about one-third of the fire truck manufacturing market.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


Elizabeth Warren

Discover more from

Elizabeth Warren

Report A Transcription Error

Please report any error in the automated transcription.

About PolitiQuote

PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

PolitiQuote is a service of Gigafact Foundation, a nonpartisan nonprofit advancing facts and information transparency, community by community.

Visit gigafact.org to learn more.