According to the latest data from Americas Commercial Trucking (ACT) Research, the wholesale used truck market was the only segment in the commercial trucking industry to grow from 2011 to 2012, up 3%. The auction and retail markets both fell 11%.
The statistics are outlined in ACT’s latest report, “State of the Industry: U.S. Classes 3-8 Used Trucks.”
“Given slow economic growth and the threat of a fiscal cliff, the results for 2012 were not bad,” says Steve Tam, vice president-Commercial Vehicle Sector with ACT.
“Prices for Class 8 used trucks were also able to hang onto positive territory year-to-date. Total reported Class 8 trucks sold in December, 2012, saw a modest price increase over November.
The report from ACT provides data on the average used price for the top-selling Class 8 model for each of the major truck OEMs – Freightliner (Daimler); Kenworth and Peterbilt (Paccar); International (Navistar); and Volvo and Mack (Volvo).
For subscription information to the full report, please go to our web site at http://www.actresearch.net.
