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August’s preliminary 17,700 North American Classes 5-7 net orders represented the best medium-duty vehicle order volume since April 2014.
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After a steeper decline to start 2014, depreciation is expected to settle into the range of 1% to 1.5% per month for the rest of the year.
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For the month of July, Class 5-7 net orders posted a gain, coming in at 15,834 units, about 10.5-percent higher than same time last year.
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July’s preliminary 15,500 Class 5-7 net orders are up 3 percent month-over-month, but down 4 percent compared to year ago levels, making a third consecutive below year-ago reading.
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The Class 6 and 7 truck, which was introduced earlier this year during the Mid-America Trucking Show, is now in full production.
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The Class 6 and 7 truck, which was introduced earlier this year during the Mid-America Trucking Show, is now in full production.
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After “best since early 2006” orders in April, Classes 5-7 have cooled over the past two months. In June, net orders fell 9 percent from May and 1 percent from year-ago levels to 14,700 units.
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New York-based Clyde Trucks is now offering a line of Class 4 and 5 CNG-powered, cab forward, medium-duty trucks.
Read More →Combined new and used commercial vehicle (Class 3-8) registrations in the first quarter of the 2014 calendar year were 319,045 units, an increase of 5 percent over the same period in the 2013 calendar year
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BMW 5 Series, BMW X5, Hyundai Genesis and Mercedes-Benz E-Class cars excel in the latest round of IIHS front crash prevention tests, thanks to advances in automatic braking technology.
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