Commercial Business Wholesale Distribution

Used truck market slips in September

Order Reprints

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.

Related Articles

CMA Opens Warehouse in Houston

You must login or register in order to post a comment.