Class 8 Sales Falter in October
Class 8 U.S. retail sales in October fell nearly 10% compared with a year ago as three truck brands grew sales while four could not, WardsAuto .com reported.
Class 8 Sales Drop 10.4% in September
U.S. Class 8 retail sales fell 10.4% to 17,131 in September, WardsAuto.com reported.
March US Class 8 Sales Jump 33.7%
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.
Intel, Ford Urge Tax Benefits for Chips, US Manufacturing
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.
US Trailer Orders in December Surge Past Year Earlier
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.
Year-Over-Year Average Price for Used Class 8 Trucks Drops Again
The year-over-year average price of a used Class 8 vehicle in June declined for the 14th consecutive month.
May Extends Slide in Used Class 8 Truck Prices
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.
Class 8 Orders in May Begin New Cycle’s Slow Upturn
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.
February Class 8 Orders Decline
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.
Class 8 Sales Tumble in January as Fleets Grow More Cautious
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.