Citing data from WardsAuto.com, Transport Topics reported that U.S. retail sales of Class 8 trucks fell by 2.9% in March.
Transport Topics also said that sales for Q1/16 were down 7.1% and Freightliner Trucks and Mack Trucks were the only truck makers in positive territory during the month and quarter.
According to an investor note from BB&T analyst Rhem Wood acquired by Transport Topics, the spread between prices of new trucks and used trucks is increasing.
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