Class 8 auction and retail pricing continues to break records The Class 8 auction market is hotter than ever and retail selling prices continue to break records, according to analysts from J.D. Power Valuation Services, as reported in the August 2021 Commercial Truck Guidelines Industry Update. Medium duty selling prices have relaxed after last month’s strong […]
ACT Research reports Class 8 volumes were 1% lower month-over-month. Longer term, volumes were down 5% y/y, but up 20% ytd According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 volumes (same dealer sales) were 1% lower month-over-month. Longer term, volumes […]
REE U.S. HQ to capitalize on growing market demand for EVs in North America REE Automotive Ltd. e-Mobility will open its U.S. headquarters in Austin, Texas to address the growing U.S. market demand for mission-specific EVs from delivery and logistics companies, Mobility-as-a-Service and new technology players. In addition, Austin will be the location of REE’s […]
Brings the number of Nikola sales and service locations up to 116 across the United States Nikola Corporation heavy-duty commercial battery-electric vehicles (BEV), fuel-cell electric vehicles (FCEV) and energy infrastructure solutions, announced a second phase in establishing a nationwide plan for its Class 8 truck sales and service coverage with the addition of five independent dealers with […]
Sandhills EVI for heavy duty trucks shows a 51.7% YOY auction value increase in June, and asking values are also trending upward with 26.2% YOY gain Following months of inventory declines across the farm machinery, construction equipment, and heavy-duty truck markets, a new Sandhills Global Market Report signals the potential stabilization of inventory levels in key market […]
FleetPride will operate the All Pro location as a standalone FleetPride Service Center FleetPride, Inc. announced has acquired the assets of All Pro Truck & Trailer of Rockford, Illinois. All Pro was founded by Brian Hicks in 2000 and offers repair services for customers throughout northern Illinois and southern Wisconsin with 16 service bays, plus onsite, towing, […]
