Used truck market slips in September
According to Americas Commercial Trucking (ACT) Research, September, 2012’s weak performance all but wiped out the gains that had been made in the Classes 3-8 used truck market the prior three months.
“Class 8 unit sales declined 17% month-over-month and remained well below pace for other time period comparisons,” says Steve Tam, vice president-Commercial Vehicle Sector with ACT.
“Pricing took its first negative year-over-year hit in two and one-half years in September. However, the retail market saw a decline of only 1%. That flat performance gives hope that September’s results are not the beginning of a trend.”
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.