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Demand for Class 5-7 medium-duty trucks was up 3 percent in September versus August, and up 9 percent over same time last year.
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Class 2, 3, and 4 truck sales have kept overall pace year-over-year, according to data released by the NTEA. However, Class 3 sales expectations haven’t quite kept up during the second quarter, according to the NTEA.
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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 improved economic environment in developing and developed economies is restoring business confidence and pushing up the global sales volumes of medium- and heavy-duty trucks, will sales expected to increase to 2.87 million units by the end of 2014.
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Orders of Class 5-7 trucks rose 5 percent in April as medium-duty truck sales showed continued strength in 2014 compared to 2013, according to ACT Research.
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A significant number of players continue to develop hybrid electric vehicle, plug-in hybrid electric vehicle, and battery-electric vehicle trucks for a variety of applications, and the market is expected to pick up steam in the coming years
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A new report shows the number of medium-duty truck orders in March were solid. ACT Research predicts North American Class 5 through Class 7 net orders will show a total of 17,600 for March, plus or minus 5 percent.
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Rush Enterprises, Inc., which operates a network of commercial vehicle dealerships throughout North America, announced that for the quarter ended June 30, 2013, the Company's net income was $5.6 million.
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Because of historically high resale rates, most commercial fleets no longer sell out-of-service medium- and heavy-duty Class 3-8 trucks to their employees.
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