Truck Sales

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October 6, 2014

Daimler Bullish on North American Truck Market

SAN DIEGO – Daimler Trucks North America expects steady growth in truck sales over the next couple of years, projecting this year will end up with 374,000 Class 6-8 units sold in North America and 411,000 for 2015 – and it's getting ready to ramp up its production to accommodate.

September 30, 2014

Used Class 8 Sales Slow Down in August

Sales for used Class 8 trucks fell by 10% in August compared with the previous month and 6% compared to last year according to a report by ACT Research.

September 26, 2014

TEC Equipment Opens New Facility in Central California

TEC Equipment opened a new 47,000 square foot, full-service truck dealership in Lathrop, Calif., a city in San Joaquin County.

September 26, 2014

Summit Holdings Acquires Mississippi Dealerships

Summit Holdings has completed the acquisition of commercial truck and IC Bus dealership, Truck Center, Inc.

September 25, 2014

As China’s Economy Slows, So Do Fleet Upgrades

A slowdown in China’s economy is likely to delay upgrades to Chinese trucking fleets according to a new report by Truck Industry Research and JSC Automotive.

September 17, 2014

Natural Gas Adoption Increases Slowly, ACT Reports

ACT Research published a new report that shows natural gas adoption in the heavy-duty truck market has grown, but at a slower rate than predicted.

September 15, 2014

Vocational Sales Climb as Construction, Energy Grow

Demand for vocational trucks and trailers continues to be pushed by oil and gas producers, road building and municipal business, according to truck manufacturers and researchers. Revivals in housing and commercial construction are also factors as vocational Class 8 retail truck sales are up 9.2% through July compared to last year, and should be up by 16.4% for all of 2014.

August 27, 2014

Daimler Celebrates 3 Millionth Vehicle

Daimler Trucks North America marked the production of its 3 millionth vehicle in North America.

July 23, 2014

Heavy Truck Sales Increase of 74% Leads to Record Rush Profit

Net income hit $19.8 million, or 49 cents per diluted share, compared to $5.6 million, or 14 cents per diluted share from the same time a year ago.

May 30, 2014

Navistar Financial Obtains Additional Funding

Navistar Financial Corp. has completed an agreement for $100 million of additional funding in what it calls a “trade receivables securitization program.”

May 27, 2014

Class 8 April Sales Post Best Performance in Six Months

Retail sales for Classes 5 through 8 in North American posted solid gains in April according to the latest State of the Industry report, recently released by ACT Research.

May 16, 2014

M & K Quality Truck Sales Changes Name, Rebrands

Rebranding reflects shift in corporate strategy.

May 8, 2014

Record Sale of International Trucks to Celadon

Navistar has completed its largest one-time sale of International LoneStar trucks to the truckload fleet Celadon Trucking Services.

April 22, 2014

Truck Dealership Rush Profit Drops Despite Higher Sales

The largest network of commercial truck dealers in North America saw a drop in its first quarter profit despite a 26.7% gain in its revenue.

March 27, 2014

Daimler Execs Upbeat About Truck Sales, Concerned About CARB

MATS, LOUISVILLE, KY -- Truck orders at Daimler Trucks North America over the past four months are up 30% over the previous year, so the company has been gradually ramping up production and expects a strong 2014. However, the involvement of the California Air Resources Board in writing the next round of federal emissions regulations has them concerned.

March 20, 2014

February New Truck Orders Strong

New orders for Class 8 trucks in February increased 30% from the same time a year earlier while Classes 5-7 gained 18%, according to updated numbers from commercial vehicle industry data publisher ACT Research.

February 22, 2014

Mack’s Poised to Win More Sales with Products and Support, New President Says

Dealers are “fired up” to sell trucks, with new emphasis on highway applications. And executives will "relaunch the Mack brand" at the ConExpo-ConAgg show in March.

February 13, 2014

Rush Enterprises Reports Record Revenue, Profit Declines

Rush Enterprises, which operates the largest network of commercial vehicle dealerships in North America, reported record annual revenues of $3.4 billion in 2013 compared to $3.1 billion in 2012, while net profit slid to $49.2 million compared to $$62.5 million a year earlier.

January 31, 2014

Paccar Reports Record Revenue for Last Year

Paccar, the parent to truck makers Peterbilt and Kenworth, reported record revenue of $17.12 billion in 2013 compared to revenue of $17.05 billion the year before.

January 13, 2014

New Report Forecasts Worldwide Sales of Natural Gas Trucks and Buses

Driven by the lower cost of natural gas and the lower emissions from natural gas engines, compared to diesel fuel, operators of truck and bus fleets are increasingly shifting to natural gas vehicles and a new study quantifies by just how much.

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