THE NUMBER 1 RESOURCE FOR VOCATIONAL TRUCK FLEETS
May was another strong month for new Class 8 truck orders as fleets work to keep up with increased demand in a tight capacity environment.
Prices in both full-size and mid-size truck segments were up 4%, and it is shaping up to be a pivotal time for pickups.
Recent Class 8 trade volumes have been lower than predicted, which means pricing has been more stable than expected for used trucks, according to J.D. Power & Associates.
Commercial Truck Trader, seller of trucks and trailers, announced the addition of Mike Jennings and Mike Hyde to its team as regional OEM managers.
The 2020 model-year will complete the Chevrolet Silverado HD lineup refresh with the addition of 2500HD and 3500HD models.
Early reports are showing that heavy-duty truck orders likely dropped as much as 12,000 units from March to April, but despite that being the largest single-month decline since 2011, analysts are still calling the market for Class 8 equipment hot.
Truck orders in the first quarter of 2018 hit the second highest mark in history and mark the best period for orders since 2006, according to ACT Research.
Rainier dealers and customers can now use the company's factory website to order trucks anytime and anywhere.
More fleets are looking more closely at all their options, from outright ownership to finance leasing to full-service leasing, even opting to own some trucks while leasing others.
Isuzu dealers retailed 22,633 Isuzu trucks to customers in 2017 — a record for Isuzu-branded trucks in the United States. In addition, Isuzu dealers purchased more parts with a sales increase of 3.9% versus 2016, setting another record.