Class 8 truck sales drop 12.2 percent in September
As has been the case in recent months, the Freightliner brand was the top seller. Shown here is the Freightliner Cascadia.(Courtesy: DAMILER TRUCKS NORTH AMERICA)
The Trucker Staff
Sales of new Class 8 trucks declined 12.2 percent from August to September, marking the second largest month-to-month decline within the calendar year.
According to data provided to The Trucker by Ward’s Automotive, 14,491 new trucks were sold in September, reflecting a decline in new truck orders earlier this summer.
The September figure was 9.1 percent down from the same month in 2011, but the total Class 8 sales to date in 2012 was 26.5 percent higher than the same period in 2011.
As has been the case in recent months, the Freightliner brand was the top seller at 5,183 trucks for a 35.8 percent market share.
International sold 2,285 trucks, just ahead of Peterbilt with 2,043 sales.
Other brands included Kenworth at 1,983, Volvo at 1,439, Mack at 1,347 and Western Star at 209.
Freightliner also leads in the year-to-date category with 47,506 total sales, followed by International at 27,441.
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Freightliner’s year-to-date market share remained virtually unchanged at 32.4 percent.
If there is a glimmer of hope for improvement during the last quarter, it comes from the fact that FTR Associates has released preliminary data showing August Class 8 truck net orders at 15,935 units up 27 percent from July.
While August numbers were much better than July, the month still ranks as the second lowest order month since August 2010, FTR reported.
The annualized rate for net orders placed in the last three months comes in at just 179,300 units, well below the same period a year ago.
Preliminary order numbers are for all major North American OEMs.
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