Class 8
March US Class 8 Sales Jump 33.7%
A Peterbilt 579. The manufacturer recently updated the truck's design. (Peterbilt Motors Co.)
U.S. Class 8 retail sales in March jumped 33.7% to 22,031 as all truck makers posted gains compared with a year earlier, WardsAuto.com reported.
April 12, 2021Intel, Ford Urge Tax Benefits for Chips, US Manufacturing
A worker assembles a vehicle component at the Ford Motor Co. Chicago Assembly Plant. (Daniel Acker/Bloomberg News)
Foreign producers of semiconductors, electric car batteries and pharmaceuticals will continue to squeeze U.S. manufacturing unless Congress provides more incentives for domestic production, representatives from Intel Corp. and Ford Motor Co. said March 16.
March 16, 2021US Trailer Orders in December Surge Past Year Earlier
Trailers on an assembly line at a Wabash manufacturing plant. (Wabash Trailers)
U.S. trailer orders in December jumped 140% from a year earlier as they cleared 42,000, ACT Research reported, citing trailer makers’ initial data.
January 13, 2021Year-Over-Year Average Price for Used Class 8 Trucks Drops Again
Used trucks sit on the sales lot at Atlanta International Used Truck Center. (Atlanta International Used Truck Center via Facebook)
The year-over-year average price of a used Class 8 vehicle in June declined for the 14th consecutive month.
July 30, 2020May Extends Slide in Used Class 8 Truck Prices
Used sleepers on a lot. (Ameritruck)
The year-over-year average price of a used Class 8 vehicle fell for the 13th consecutive month in May. Sales at retail outlets held up, while inventories headed down because there was no deluge of equipment flooding the market as a casualty of the COVID-19 pandemic, ACT Research reported.
July 8, 2020Class 8 Orders in May Begin New Cycle’s Slow Upturn
A plant worker welds a truck part at a Volvo plant. (Justin Ide/Bloomberg News)
North American Class 8 orders in May fell below 7,000, ACT Research reported, an uptick from April’s historic low as industry analysts said progress will be slow as long as COVID-19 remains a major concern.
June 4, 2020February Class 8 Orders Decline
A production line employee works on the front of a cab at the Navistar plant in Springfield, Ohio. (Navistar International Corp.)
Class 8 orders dropped to 14,100 in February, ACT Research reported, citing preliminary results. In what typically is a weak month, fleets remained cautious amid challenging freight levels, overcapacity and the spreading coronavirus as a backdrop.
March 5, 2020Class 8 Sales Tumble in January as Fleets Grow More Cautious
A Peterbilt 579 Class 8 truck. (Peterbilt Motors Co.)
Class 8 U.S. retail sales in January dropped below 16,000 for the first time since January 2018, WardsAuto .com reported, as a cautious industry waited to see what changes in the freight environment.
February 12, 2020Class 8 Orders Off 71% From Year-Ago Levels
Peterbilts on the assembly line. Class 8 preliminary orders hit 12,600 in September, according to ACT Research. (Riverside Transport Inc. via YouTube)
North American Class 8 orders in September cleared 12,000 units, ACT Research reported, citing preliminary data, but the volume remained just a faint shadow of what occurred a year earlier.
October 3, 2019Used Truck Market in July Underscores Buyers Are Leaving
A 2016 Kenworth T270 flatbed truck at a dealership in Dallas. The average Class 8’s sales price increased 2% to $46,442 compared with $45,455 a year earlier. (Shutterstock)
Sales of used Class 8 trucks under $50,000 continued to fall during July, which helped drive up the average sales price, but at the same time underscored certain buyers have exited the market, according to ACT Research.
August 29, 2019