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Truck Sales

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May 18, 2015 - Industry News

Volatile Cab Chassis Sales Outpacing Year Ago Level

Chart courtesy of NTEA.

Sales and shipments of cutaways, low cab-over-engine and strip chassis trucks moved higher in the first two months of 2015 compared to a year ago, yet 2015 should be as volatile as 2014, according to the NTEA.

Tags: NTEA, Vehicle Purchasing, Truck Sales, Cabovers, Chassis Cab Trucks, Canada, Mexico

April 23, 2015 - Industry News

Increased Truck Sales Push Rush Profit Higher

Rush says its aftermarket activity in the energy sector remained steady this quarter, but activity has started to decrease slightly. Photo: Rush Enterprises

A big jump in truck sales helped push profits higher in the first quarter for the network of dealerships under the Rush Enterprises banner.

Tags: Truck Sales, Rush Enterprises, Dealers, Earnings

April 2, 2015 - Industry News

Peterbilt, Paccar Offer New Truck Warranties

Customers who purchase a new Peterbilt truck and finance through Paccar Financial will receive updated warranty coverage going forward, the company announced.

Tags: Peterbilt, Class 8, Truck Sales, Truck Warranty, Medium-Duty Trucks, Class 5

March 27, 2015 - Industry News

Daimler Trucks Predicting Another Banner Year

The North American truck market continues to heat up, exceeding expectations, said Daimler Trucks North America head Martin Daum in a press briefing at the Mid-America Trucking Show -- and demand for the DT12 automated manual has far exceeded even Daum's optimistic goals.

Tags: Truck Sales, Daimler Trucks, Transmissions, Mid-America Trucking Show, Global, Daimler Trucks North America, Automated Manual Transmissions, MATS

March 10, 2015 - Industry News

CORRECTION: Year-End U.S. Retail Truck Sales

The Hotline section of the February issue of HDT incorrectly listed the 2014 year-end U.S. truck sales.

Tags: Truck Sales, Hotline

February 12, 2015 - Industry News

Rush Enterprises Sets Revenue, Profit Records

Photo: Rush Enterprises

One of the nation’s largest operators of commercial vehicle dealerships in North American said it set several records as it reported financial results this week.

Tags: Truck Sales, Rush Truck Centers, Rush Enterprises, Earnings

January 20, 2015 - Industry News

Volvo Hits Record Market Share in Combined Canada & U.S. Sales

Photo: Volvo Trucks

Volvo Trucks reached a market share of 15.3% of the Canadian heavy-duty retail market, a record for the manufacturer. It also saw an all-time high market share in combined U.S. and Canadian sales.

Tags: Canada, Volvo Trucks, Truck Sales

December 24, 2014 - Industry News

Kenworth Celebrates Millionth Truck Delivery

From left are TransAm Trucking’s Murray Droescher (chief financial officer) and Russ McElliott (president); Gary Moore, Kenworth general manager and PACCAR vice president; and Preston Feight, Kenworth assistant general manager for sales and marketing: Photo via Kenworth.

Kenworth celebrated the delivery of its one millionth truck to TransAm Trucking of Lathe, Kan. The 91 year-old company held a ceremony to celebrate the milestone at the Kenworth assembly plant in Chillicothe, Ohio.

Tags: Kenworth, Truck Sales, Kenworth T680

December 5, 2014 - Industry News

November Class 5-7 Orders Fall Sharply

Photo courtesy of Navistar.

Net orders for Class 5-7 trucks in November fell 4 percent compared to October net orders, according to ACT Research.

Tags: Medium-Duty Trucks, Truck Sales, ACT Research, Truck Orders

October 23, 2014 - Industry News

Rush Enterprises Reports Record Profit, Revenue

Photo: Rush Enterprises

Commercial truck dealership chain Rush Enterprises had net income totaling $23.5 million in the third quarter, compared with $15.2 million a year ago, as Class 8 truck sales outpaced national numbers.

Tags: Medium-Duty Trucks, Truck Sales, Heavy-Duty Trucks, Aftermarket, Rush Enterprises, Dealers

October 6, 2014 - Industry News

Daimler Bullish on North American Truck Market

Martin Daum, DTNA president and CEO

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.

Tags: Class 8, Truck Sales, Transmissions, Daimler Trucks North America, Automated Manual Transmissions, ATA MC&E

September 30, 2014 - Industry News

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.

Tags: ACT Research, Used Vehicle Sales, Used Truck Sales, Class 8, Research, Truck Sales

September 26, 2014 - Industry News

TEC Equipment Opens New Facility in Central California

Photo via TEC.

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

Tags: California, Truck Sales, TEC Equipment, Dealers

September 26, 2014 - Industry News

Summit Holdings Acquires Mississippi Dealerships

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

Tags: Mississippi, Truck Sales, Dealership, Mergers & Acquisitions

September 25, 2014 - Global News

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.

Tags: Hyundai, Volvo Trucks, China, Truck Sales, Daimler Trucks

September 17, 2014 - Industry News

Natural Gas Adoption Increases Slowly, ACT Reports

A natural gas fueling station getting ready to open. Photo: Evan Lockridge

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.

Tags: Truck Sales, ACT Research, Natural Gas Vehicles, CNG, LNG, Alternative Fuels

August 27, 2014 - Industry News

Daimler Celebrates 3 Millionth Vehicle

Photo via DTNA.

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

Tags: Freightliner, Truck Sales, Schneider, Daimler Trucks North America, Detroit Diesel

July 23, 2014 - Industry News

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

Photo: Rush Truck Centers Facebook page

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.

Tags: Truck Sales, Rush Enterprises, Earnings

May 30, 2014 - Industry News

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.”

Tags: Navistar, Truck Sales, Navistar Financial Corporation

May 27, 2014 - Industry News

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.

Tags: Truck Sales, ACT Research

May 16, 2014 - Industry News

M & K Quality Truck Sales Changes Name, Rebrands

Rebranding reflects shift in corporate strategy.

Tags: Dealers, Truck Sales

May 8, 2014 - Industry News

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.

Tags: LoneStar, Navistar, Truck Sales, Celadon Trucking Services

April 22, 2014 - Industry News

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.

Tags: Truck Sales, Rush Enterprises, Dealers, Earnings

March 27, 2014 - Industry News

Daimler Execs Upbeat About Truck Sales, Concerned About CARB

Wolfgang Bernhard, head of Daimler Trucks. Photo by Evan Lockridge

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.

Tags: Emissions, CARB, Truck Sales, GHG, Daimler Trucks, Mid-America Trucking Show, Daimler Trucks North America

March 20, 2014 - Industry News

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.

Tags: Medium-Duty Trucks, Truck Sales, Heavy-Duty Trucks, ACT Research, Truck Orders

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