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Used Class 8 truck same-dealer sales volumes rose by two dozen units in September, according to a report on the used commercial vehicle market from ACT Research.
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Peterbilt has announced that Anthony Gansle, director of marketing and sales, has been elected to the Used Truck Association's board of directors.
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Initial weak sales figures in May prompted a weak forecast – but increased sales later delivered a strong showing as the month ended.
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Navistar International reported a second quarter 2017 net loss of $80 million on revenues of $2.1 billion. The truck and engine maker attributed those results to lower U.S. and Canada sales of its trucks and buses and to heightened used-truck losses.
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Used Class 8 truck sales volumes in February were higher overall than in 2016 and they improved for a second consecutive month, according to an ACT Research Report.
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After the first month of the year, depreciation rates for medium-duty trucks are up and overall orders for the segment are down, according to Black Book’s Feb. 7 Market Insights Report.
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Sleeper tractors lost about 30% of value at auction last year, say analysts at J.D. Power Valuation Services.
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Used Class 8 truck same dealer sales saw an unexpected bump in November, recording a 1% increase compared to the previous month, according to ACT Research.
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Rush Truck Center CEO Rusty Rush said he expects to see a flat year in Class 8 over-the-road sales in 2017, but predicts that certain market segments and medium duty sales will remain strong.
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Navistar has officially opened its new Used Truck Reconditioning Center in Melrose Park, Illinois, designed to be the new home for the Diamond Renewed 180-plus point inspection and serving pre-owned truck reconditioning program for used International trucks.
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