July Used Class 8 Truck Volumes Down M/M, Y/Y and YTD

Used Class 8 truck same dealer sales volumes fell in July, posting an 8% m/m drop, following a double-digit m/m increase in June, according to ACT Research.

Additionally, the report noted that sales were down year-over-year and year-to-date by a similar amount.

“Despite the volatility month to month, the overall trend is on an upward trek, with year-to-date volumes only 7% off last year’s numbers. Year-to-date declines over the last several months have been fairly consistent, possibly signaling a stabilization in volumes,” said Steve Tam, ACT’s Vice President-Commercial Vehicle Sector. He added, “Dealers are reporting an increase in customer traffic, but this has not led to surging sales.”

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