Class 8 Used Truck Volumes and Prices Rise in September

In another positive signal for the industry, with a hint of pre-inflation rumbles, total reported volumes of used Class 8 trucks rose 6% month over month and 4% year over year in September.

“Year-to-date, sales remain down 4%,” said Steve Tam, Vice President-Commercial Vehicle Sector with ACT, “but given the inventory constraints the industry has been dealing with for the past several years, the September year-to-date figures are encouraging.”

Tam said that the average selling price of total reported Class 8 trucks hit a new high in September. “Given the stronger than expected pricing performance, we have increased our guidance on price expectations to a gain of 10-15% for 2014,” he said. Source:

ACT Research

Category: General Update