Solid Gains in Retail Sales for Classes 5-8 in April
Retail sales for Classes 5-8 posted solid gains in April according to ACT Research.
“Class 8 retail sales rose 6% month over month to their best reading in six months at 23,100 units, and the strongest sales months of the year are yet to come,” said Steve Tam, vice president-commercial vehicle sector at ACT.
“Classes 5-7 retail sales rose nearly 14% month over month to 20,100 units, their highest level since March 2007,” he added.
Year to date, Class 8 sales are up 9% and Classes 5-7 sales are up 13%.
Category: Featured, General Update, Vehicles