Class 8 truck sales 'tank' in November
Kenworth, which led OEMs in sales increases in November, introduced its T680 at the Mid-America Trucking Show last March. (The Trucker file photo)
The Trucker News Services
Class 8 truck sales virtually tanked in November — perhaps out of concern about the “fiscal cliff” facing the country Jan. 1 as much as anything else — declining 7.6 percent to 14,370, compared to October’s total of 15,560.
Year-over-year sales in November 2012 were 17.6 percent below November 2011 sales of 17,020.
The November total means that the industry will have to sell over 23,000 trucks in December to even reach the 200,000 plateau.
Some industry stakeholders earlier this year had predicted sales might reach as high as 240,000 in 2012.
Three nameplates posted increases in November over October — Kenworth up 10.9 percent to 2,221, Mack up 5.6 percent to 1,254 and Peterbilt up 0.3 percent to 1,988.
International had the largest decline, dropping 29 percent to 1,957 sales, the OEM's smallest monthly total since February 2011.
Freightliner continues to dominate market share with 37 percent in November and 33.1 percent for the year.
Mack is the growth leader year-to-date with a 38.5 sales increase.
Kenworth is second among OEMs with 5,000-plus sales with a 28 percent increase through November.
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