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Sales of Class 8 natural gas trucks dropped 15% year to date through August, ACT report shows

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Sales of Class 8 natural gas trucks dropped 15% year to date through August, ACT report shows
While August sales of natural-gas-powered Class 8 trucks showed improvement over July figures, year-to-date sales still lag behind 2019 numbers.

COLUMBUS, Ind. — U.S. and Canadian Class 8 natural gas truck retail sales for the first eight months of 2020 dropped 15% year to date over 2019, according to a quarterly report from ACT Research.

The ACT Alternative Fuels Quarterly (AFQ) provides insight, analysis and trends about alternative fuel/power adoption for the U.S. heavy- and medium-duty commercial vehicle markets. The AFQ details such adoption considerations as fuel prices, fuel/charging infrastructure development, equipment prices/products/technological developments, and regulatory changes. Natural gas truck sales data and a forecast for new natural gas adoption are included in the report.

“Sales of natural gas-powered vehicles as reported by the six major truck OEMs, who account for approximately 60% of the heavy-duty natural gas market, were mixed in the June to August time period, with all three months enjoying sequential gains. As a result, sales continue to whittle away at the year-to-date deficit,” said Steve Tam, vice president of ACT Research.

“Looking at the most recent month [August], sales rose 26% month over month, handily besting the year-ago period,” he continued. “Hampered by soft sales from February through June, though, the market has been playing catch-up most of the year.”

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The Trucker News Staff produces engaging content for not only TheTrucker.com, but also The Trucker Newspaper, which has been serving the trucking industry for more than 30 years. With a focus on drivers, the Trucker News Staff aims to provide relevant, objective content pertaining to the trucking segment of the transportation industry. The Trucker News Staff is based in Little Rock, Arkansas.
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