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Increased buying opportunities and a favorable economic climate are limiting price growth, and the supply of quality used trucks is expected to increase.
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Isuzu Commercial Truck has reached a sales milestone for its gasoline-powered NPR cabovers, by producing number 20,000 earlier this week.
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Sales of used trucks in Class 3 and Class 4 provided a strong push in 2014 that made these classes the leaders in volume and growth among Class 3-7 vehicles, according to IHS Automotive.
Read More →The recovery in the commercial vehicle market in the U.S. and Canada has been largely driven by the business community, according to IHS Automotive.
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General Motors has added several new enhancements to its Chevrolet Express and GMC Savana for the 2015 model year, as its 2015 Chevrolet City Express compact van replaces the 1500-level full-size model that has been discontinued.
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The forecast is for Class 3-4 truck sales in CY-2015 to remain strong. Many fleets are increasing order volumes, moving away from past slow replacement schedules. The debut of 2015 products promises to further stimulate growth.
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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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New York-based Clyde Trucks is now offering a line of Class 4 and 5 CNG-powered, cab forward, medium-duty trucks.
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Rainer Truck & Chassis LLC, based in Yakima, is developing a series of Class 4 through 7 COEs that can be customized to suit buyers' needs, according to Gary Jones, president and founder.
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The International TerraStar 4x4 was selected as Work Truck magazine's 2014 Medium-Duty Truck of the Year. The award was presented at the 2014 NTEA Work Truck Show in Indianapolis.
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