728 banner ad

728 banner ad
220 banner ad

220 banner ad

Commercial Truck Market Off to Positive Start in 2018

| February 23, 2018

Commercial Truck

According to commercial truck analysts at J.D. Power Valuation Services in their February 2018 Commercial Truck Guidelines Industry Update, the Class 8 market looked positive in early 2018.

December’s retail pricing was back up, and January’s auction results were similar to December’s despite limited activity. Medium-duty trucks had a notably up month.

Major findings in the monthly report note:

  • January was typically slow volume-wise
    • Pricing was stable
  • Retail pricing back up
    • Performance breaks 2 months of weak activity
  • Medium duty segment is solid
    • Performance figures point upward

Chris Visser, senior commercial truck analyst at J.D. Power Valuation Services, said, “Year-over-year, trucks 4 -6 years old that were sold in January ran 17.1 percent ahead of their counterparts a year ago. We’re still collecting data for comparison, so we’ll have more to say about this next month.”

Category: Featured, General Update, News

Comments are closed.