Class 8 News Updates

ACT Research reported that the average retail sales price increased 11.5% to $64,007 from $57,383 the prior year but was down 1.9% sequentially from $65,234.

CEO Preston Feight said the company's suppliers were unable to scale up their output at the same pace as demand for trucks grew.

Mexican production of heavy-duty trucks slowed in September compared with August but again outstripped manufacturing in the year-ago period by a wide margin.

Lisle, Ill.-based International sold 19,900 vehicles in the most recent quarter, compared with 13,400 trucks and buses in the year-ago period.

After a strong start to the year, North American Class 8 truck orders slowed further in September on uncertainty over upcoming emissions regulations.

Tesla launched high-volume production of its Class 8 battery-electric Semi tractor at its factory in Reno, Nev., with plans to build 1,000 trucks a week.

Tesla landed an order for as many as 2,500 of its Semi Class 8 tractors from a coalition backed by a group of shippers, with the first delivery set for Q4.

Daimler Truck became nimbler over the past nearly five years in an ever-changing world, according to CEO Karin Radstrom, as was intended when the OEM went public.

U.S. Class 8 retail truck sales extended year-over-year gains in August, buoyed by seasonal momentum and notching a third consecutive month eclipsing prior-year levels.

The Class 8 truck order environment remains solid despite a late-summer sequential slowdown as order books fill and buyers become more selective, OEMs say.