Steve Tam Related Content

Used Class 8 Truck Order Surge Pauses in March

According to preliminary data from ACT Research, North American Class 8 truck net orders reached 17,300 units in March, down 10,400 units from February and 18.7% on a year-over-year basis. read more

Used Class 8 Truck Price Growth Expectations Pushed Further Out

According to ACT Research, the used Class 8 average retail sale price improved 4.4% month over month to $62,100 in February. However, retail prices were down 14% year over year and Steve Tam, vice president at ACT Research, said ACT is "pushing expectations for the return to sustained month-over-month growth further out." read more

Used Class 8 Truck Retail Sales Stronger than Expected in February

According to preliminary data from ACT Research, Class 8 same dealer used truck retail sales volumes increased 15% month over month in February. read more

ACT Research: Used Class 8 Truck Values Linger at 2021 Lows in January

According to ACT Research, used Class 8 average retail sale prices improved 2.6% month over month to $59,400 in January. The last time retail prices were this low was in the spring of 2021. read more

Used Class 8 Truck Retail Sales Off to a Robust Start in 2024

According to preliminary data from ACT Research, Class 8 same dealer used truck retail sales accelerated 17% month over month in January. read more

ACT Research: Used Class 8 Values Decline to a Level Not Seen Since 2021

According to ACT Research, the average retail sale price for a used Class 8 truck dropped 2.6% month over month to $58,000 in December, a level last seen in April 2021. read more

Used Class 8 Values Declined in November to a Level Not Seen Since 2021

According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks report by ACT Research, used Class 8 average retail sale prices fell 6% month over month to $59,300 in November, marking the first month with a sub-$60,000 average price since April 2021. read more

ACT Research: Used Class 8 Truck Value Stabilization Still in Flux

According to ACT Research, the average retail sale price of a used Class 8 truck fell 1% month over month and 25% year over year to $62,900 in October. read more

ACT Research: Used Class 8 Auction Sales Rise 135% M/M in September

According to ACT Research, the average retail sale price for used Class 8 trucks fell 1% month over month and 25% year over year to $63,900 in September. However, auction sales also soared 135% month over month in September. read more

ACT Research: Used Class 8 Retail Sales Rebounded Strongly in August

Class 8 retail sales rebounded strongly, as expected, from July’s misstep, advancing 12% month over month in August, according to ACT Research. read more

ACT Research: Class 8 Truck Sales Surge 14% in August

According to preliminary data from ACT Research, Class 8 same dealer used truck retail sales volumes surged 14% month over month in August. read more

ACT: Used Class 8 Retail Sales Falter in July

Class 8 retail sales faltered for the first time in three months in July, declining 7.8% month over month, according to the ACT Research. read more

June Used Truck Market Enjoys Historically Expected Sales Gains

According to the latest preliminary release of ACT Research’s State of the Industry: U.S. Classes 3-8 Used Trucks report, preliminary Class 8 same dealer used truck retail sales volumes improved again in June, rising 4% month over month. read more

Used Class 8 Truck Retail Sales Fell 23% in April, Suggesting Softening Demand

According to ACT Research, used Class 8 retail volumes (same dealer sales) declined 23% month over month in April, while average mileage declined by 1%, with average prices down 8% and age up 3%. read more

Class 8 Used Truck Retail Sales Increases 2% Month to Month in February

According to data from ACT Research, preliminary Class 8 same dealer used truck retail sales volume managed a small gain, rising 2% month to month in February. read more

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