August Used Class 8 Truck Volumes Up
Used Class 8 truck same dealer sales volumes continued to show volatility in August, yet remained on a positive trend, including a 19% increase over July. Enhanced by the latter, long term comparisons show 2016 being off by only 2% year-to-date, according ACT Research.
“Higher than normal late summer sales could signal truck buyers are opting to purchase used trucks over new ones,” said Steve Tam, ACT’s Vice President-Commercial Vehicle Sector.
He added, “Strong sales were a common theme across all three market segments, with retail posting a 12% increase month-over-month, and wholesale and auction improving 33% and 59% month-over-month, respectively
Category: Featured
Subscribe
If you enjoyed this article, subscribe to receive more just like it.
