Used Class 8 truck metrics were generally in line from June to July, with average age and miles up an incremental 1 percent each. Compared to last year, average prices were up 2 percent in July and 6 percent year to date, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.
China's heavy and medium truck and tractor markets remained soft in the first quarter of 2015. Total sales (domestic and export) were just over 135,000 heavy trucks and tractors in Q1'15, compared to approximately 162,000 units sold in Q4'14, a decline of more than 33 percent year over year and 16 percent quarter over quarter. This was reported in the most recent China Commercial Vehicle Outlook, jointly published quarterly by ACT and China's State Information Center (SIC). The Outlook includes an overview of the China economy and a review and forecast of China's heavy and medium-duty truck and bus markets, as well as analysis of OEM market shares within China.
Total reported volumes of used Class 8 trucks climbed to 2,770 units in March, a jump of 14 percent month over month and 5 percent year over year, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.
Truckers are ordering new equipment in record numbers, but are not turning to natural-gas-fueled trucks as fast as had been projected two years ago, according to a report from ACT Research.
Nearly 44,000 net orders were posted in December, the second-strongest month on record for the trailer industry, according to the most recent State of the Industry: U.S. Trailers published by ACT Research Co. For total year 2014, net orders were 359,000, up nearly 55 percent over 2013.
October saw a record demand for the trailer industry, with 47,810 net orders placed, according to the most recent State of the Industry: U.S. Trailers published by ACT Research Co.
The natural-gas-powered vehicle market has slowed as diesel fuel prices continue to drop, according to recent ACT Research's study of fuel trends in the heavy duty truck market.
Medium- and heavy-duty trucks and other commercial vehicles classes 5-8 orders were at healthy levels again in September. Total net orders for Class 8 were 24,842 units, up 31 percent year over year. Classes 5-7 net orders, at 19,486, rose to their third-strongest level since early 2008. These results were published in the latest State of the Industry report, recently released by ACT Research Co. (ACT). The report covers Classes 5 through 8 vehicles for the North American market.
Total reported volumes of used Class 8 trucks fell 10 percent month over month and 6 percent year over year in August, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.
The pace of China's economy rose slightly in Q2'14, with growth of 7.5 percent on a year-over-year basis, mirroring the rate witnessed in the same period last year, according to the most recent China Commercial Vehicle Outlook, jointly published quarterly by ACT and SIC, China’s State Information Center. It includes an overview of the China economy and a review and forecast of China's heavy and medium-duty truck and bus markets, as well as analysis of OEM market shares within China.
