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The current commercial truck market is strong, with prices stable. The forecast for 2019 is more of the same, barring major world events.
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Commercial sales increased 10.3% in October, while sales to government agencies increased 1%. Sales into daily rental increased 0.2%.
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Drunk driving fatalities fell 1.1% in 2017 compared with 2016, and alcohol impairment remains the leading cause of highway deaths, according to the most recent data released by the National Highway Traffic Safety Administration.
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Vehicle acquisition is a major component of truck fleet management. Work Truck magazine is looking for fleet manager input regarding vocational truck fleet acquisition to help dig deeper into current purchasing trends.
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Commercial vehicles are expected to run on diesel fuel through 2040 due to increases in fuel economy, according to new research from IHS Markit.
Read More →Sales of vehicles to commercial fleets increased 22% in August, while sales into daily rental fell 21.2%. Sales to government agencies increased 18.3%.
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An estimated 18,720 people died on U.S. roadways between January and June, compared to 18,770 during the same period last year, according to preliminary data from the National Safety Council.
Read More →Sales of vehicles to commercial fleets increased 6.3%, while sales into daily rental increased 44.9%. Sales to government fleets increased 13%.
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Sales of vehicles to commercial fleets from eight manufacturers increased 7.9% to 73,848 in June, while sales into daily rental sales increased 10.9% and government sales increased 9.8%.
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Preliminary orders of Class 4-8 trucks increased in June, with Class 8 trucks crossing the 40,000-unit level for the fourth time in six months and medium-duty orders increasing to 26,400 units in a month that's typically weak for Class 5-7 vehicles, according to ACT Research.
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