Another Month of Strength for Commercial Truck Sales

J.D. Power Valuation Suggest September should continue this recent trend

In the September 2020 Commercial Truck Guidelines Industry Update, analysts from J.D. Power Valuation Services reported that Class 8 and Medium Duty pricing were higher across the board in August. September should continue this recent trend.

“The trucking industry has been amazingly resistant to the massive social, political and economic upheaval our country is enduring,” said Chris Visser, commercial truck senior analyst at J.D. Power Valuation Services. “In the short term, we will see additional disruption when the CARES Act is rolled back and/or eliminated and also when the most contentious Presidential election in at least a generation unfolds.”

Major findings in the free monthly report note:

• Auction pricing rose for another month, now into appreciation territory
• Class 8 retail pricing up 2.8% compared to July
• Medium duty segments were strong across the board

Download the free September 2020 Commercial Truck Guidelines Industry Update.

J.D. Power Valuation Services (formerly NADA Used Car Guide) is a leading provider of vehicle valuation products and services to businesses

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