Thursday, November 23, 2017

August Class 8 truck sales increase 12.1% over July numbers


Wednesday, September 13, 2017
by THE TRUCKER STAFF

International posted a 69.3 percent gain in August over July. The OEM recently began offering the International LT Series (pictured here) and announced several changes in its LoneStar model. (Courtesy: NAVISTAR)
International posted a 69.3 percent gain in August over July. The OEM recently began offering the International LT Series (pictured here) and announced several changes in its LoneStar model. (Courtesy: NAVISTAR)

Sales of new Class 8 trucks in the United States in August increased 12.1 percent over July, according the data released by WardsAuto.

There were 16,166 units sold in August compared with 15,317 in July.

August sales were an increase of 5.6 percent and brought year-ot-sales almost even with sales for the same time period in 2016.

Sales for the first eight months in 2017 totaled 116,805 compared with 118,243 for the same period in 2016.

The Class 8 sector includes both tractors and vocational trucks with of GVWR of 33,011 pounds.

The International nameplate posted the biggest month-over-month increase with August sales of 2,751 compared with 1,625.

Navistar, International parent company, recently made several leadership changes and posted a net profit in the third quarter compared with substantial losses the two previous quarters.

Mack showed a 20.1 month-over-month increased and Volvo an 18 percent increase.

At a 3.4 percent increase, Peterbilt is the only nameplate that shows an increase for sales the first eight month of 2017 compared with the first eight months of 2016.

Freightliner continues to hold a substantial market share lead in 2017 at 37.3 percent.

Peterbilt is second at 16 percent.

 

 

 

 

 

 

 

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