Used Class 8 truck same dealer sales volumes continued to show volatility in August, yet remained on a positive trend, including a 19% increase over July. Enhanced by the latter, long term comparisons show 2016 being off by only 2% year-to-date, according ACT Research. “Higher than normal late summer sales could signal truck buyers are […]
The volume of used Class 8 trucks sold in July rose 2% above June’s volume according to ACT Research. “Year-to-date, sales are down 5%, but the YTD contraction in sales is getting smaller each month,” said Steve Tam, Vice President-Commercial Vehicle Sector with ACT. Tam said that the auction and retail markets both contracted month […]
Penske Used Trucks has opened a commercial truck dealership in Phoenix, offering used light-, medium- and heavy-duty trucks, trailers and related equipment. This will be the company’s third used commercial truck dealership to open in the United States in the last year, joining locations in Torrance, California, and Charlotte, North Carolina. Penske Used Trucks is […]
The volume of used Class 8 trucks sold in June rose 10% above May’s volume, according to ACT Research. “June’s performance was a little counterintuitive, given that sales usually slow in the summer months, “ said Steve Tam, Vice President-Commercial Vehicle Sector with ACT. “While one month does not make a trend, it is a […]
The volume of used Class 8 trucks sold in March dropped 12% below April’s volume, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research. “The volume drop was expected, since sales usually slow during the summer months,” said Steve Tam, Vice President-Commercial Vehicle Sector […]
