Preliminary Class 8 net orders for March were 22,800 units, slightly above expectations and much higher than a year ago for the third consecutive month, research company FTR reported.
April 5, 2017BusinessEquipment
US Sales of Class 8 Trucks Fall 29.5% in February
U.S. retail sales of Class 8 trucks in February fell 29.5% to just more than 11,000 units, as each truck maker experienced a double-digit decline. But analysts said the market, nonetheless, was showing signs of improvement.
March 20, 2017BusinessEquipment
US Retail Sales of Class 8 Trucks Drop in February
U.S. retail sales of Class 8 trucks in February fell 29.5% from a year earlier, as all truck makers posted double-digit declines, WardsAuto.com reported.
March 14, 2017BusinessEquipment
Class 8 Orders Rise 28%, Reach Highest Total in 14 Months
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, 2016