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Curious about new vehicle sales? On-lot inventory? Check out the latest in the Work Truck Solutions first-quarter analysis of the commercial vehicle market.
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The majority of segments reported wholesale price declines surpassing 1% in November
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With new inventory levels still only 46.3% of what they were in 2019, used vehicles continued to help fill the demand, as evidenced by the rise in used on-lot inventory per dealer, up 125.4% year-over-year.
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According to Work Truck Solutions, while median mileage for used work trucks has been trending upwards since late 2020, average list prices went up as well.
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Work Truck Solutions, Inc. announced a new suite of solutions designed specifically for body manufacturers and distributors, which will give these businesses a detailed breakdown of their inventory across their dealers' lots, alert them when their vehicles are sold, and provide a simple way to search for specific trucks on their dealer's lots.
Read More →Work Truck Solutions, a commercial truck inventory solutions provider, has completed a Series B Preferred Stock financing round of $5 million.
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