North American Class 8 orders in February reached a 14-month high as they cleared 23,000, and exceeded expectations, analysts said.
March 3, 2017BusinessEquipment
Poor January Retail Sales May Signal the Market Hit Bottom
U.S. retail sales of Class 8 trucks in January — typically a skimpy point in any year — barely squeaked past 10,000 units and were the lowest in nearly six years as they fell 31.4% year-over-year, WardsAuto.com reported.
February 23, 2017BusinessEquipment
Class 8 Orders Cleared 20,000 in December
Class 8 orders cleared 21,000 in December, ending the year on a solid but lukewarm note, analysts said.
January 5, 2017BusinessEquipment
November Class 8 Sales Fall 27.5%
Class 8 U.S. retail sales in November were off 27.5% from a year earlier amid weak demand for longhaul trucking. November’s was the lowest total for that month since 2012, analysts said.
December 19, 2016BusinessEquipment
Used Class 8 Prices Decline in October; Analysts Forecast Weaker Market in 2017
The average used Class 8 truck sold in October entered the resale market with lower mileage than those sold a year earlier, but its sales price was down about 14% due to soft demand and an excessive inventory of unsold vehicles, analysts said.
December 5, 2016BusinessEquipment
Class 8 Sales Plunge 29.3%
U.S. retail sales of Class 8 trucks sank nearly 30% in October in a market beset by weak demand for freight hauling, cautious fleets and uncertainty about the incoming presidential administration’s regulatory approach, analysts said.
November 21, 2016BusinessEquipment
Class 8 Orders Fall Below 14,000 in October
Orders for Class 8 trucks in October reached 13,900, according to ACT Research Co.’s initial findings, which will be revised if necessary later in the month.
November 3, 2016BusinessEquipment
August Class 8 Sales Drop 26.1% in 9th Straight Monthly Decline
U.S. retail sales of Class 8 trucks dropped 26.1% in August from a year earlier, WardsAuto.com reported, the ninth straight monthly decline, as industry conditions continue to show little improvement.
September 19, 2016BusinessEquipment
Class 8 Orders Drop Sharply in July
North American Class 8 orders fell to about 10,000 in July, the weakest level in nearly six years, analysts reported.
August 3, 2016BusinessEquipment
Class 8 Sales Plummet 27.7% in June; Eighth Decline in Last Nine Months
U.S. retail heavy-duty truck sales contracted for the eighth time in the past nine months year-over-year in June, and the 27.7% plunge was the sharpest decline of the rough stretch dating to October.
July 25, 2016