Used truck market is still robust
According to Americas Commercial Trucking (ACT) Research, pricing continues to be the most interesting and watched of the used truck market metrics.
In August 2012 pricing was up for all three time period comparisons, month over month, year over year, and ytd/ytd. Volumes also increase month over month, but remained well below pace for other time period comparisons.
The update on the used market was reported in the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.
“One positive note from August activity is that earlier concerns about excess
inventory seem to have been relatively isolated and are waning,” said Steve
Tam, vice president, Commercial Vehicle Sector with ACT.
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.