ACT: Used Class 8 Truck Sales Decline in April, Up 1% Y/Y



Class 8 same dealer used truck sales volumes dropped in April, breaking a three-month run of double-digit gains, according to the latest data from ACT Research. Total volumes for the dealers in ACT’s sample continue to show modest improvement for long-term comparisons.

“All three market segments posted short-term declines,” said Steve Tam, vice president at ACT Research. “Longer term, results were mixed, with retail maintaining a lead over last year and year-to-date.”

Used Class 8 exports closed a surprisingly strong first quarter with the highest March number on record. Relative to Q1/16, total exports are up significantly year-to-date.

“Some of the early spring bump may be attributed to a subtly softer U.S. dollar, which is helping relieve pent up foreign demand,” Tam said.


Like this story? Begin each business day with news you need to know! Register now for FREE Daily E-News Broadcast and start YOUR day informed!

  • Hidden
  • RAM Group Holdings does not share or sell your personal information. The information we ask you to furnish is limited to what is needed to process your order fully and completely. You may unsubscribe at any time. View our Privacy Policy.
  • Please Confirm permission for Monitor/Monitordaily to e-mail you.
  • Hidden

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
terry.mulreany@monitordaily.com
Susie Angelucci
Advertising: 484.459.3016
susie.angelucci@monitordaily.com

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com