Weak September, strong October for used trucks
According to Americas Commercial Trucking (ACT) Research, after a brief hiatus in September, 2012, the used truck market appears to be moving in the right direction. Class 8 unit sales improved 6% month-over-month, as reported in the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks.
“Pricing continues to be the primary topic of interest in the industry,” says Steve Tam, vice president-Commercial Vehicle Sector with ACT. “Total reported Class 8 trucks sold in October saw a modest increase over September and also remained positive year-to-date. However, year-over-year pricing experienced a meaningful decline.”
The report from ACT provides data on the average used price for the top-selling Class 8 model for each of the major truck OEM’s – 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.