Class 8 Sales in May fall to lowest point since 2011

From Transport Topics.

U.S. Class 8 retail sales in May tumbled 62.5% — during the heart of the novel coronavirus pandemic — to just above 9,000 compared with a year earlier, reported.

Truck sales hit 9,165 for the month, compared with 24,424 a year earlier, according to Wards. May notched the lowest sales since 9,712 in February 2011.

Year-to-date sales were 69,379 compared with 111,332 in the 2019 period.

Market leader Freightliner posted a 33.9% share. Freightliner is a brand of Daimler Trucks North America.

Four other truck brands vied closely for sales and earned market shares, respectively, of 13.9% at Kenworth Truck Co., 13% at International, 12.2% at Peterbilt Motors Co. and 11.8% at Volvo Trucks North America.

Read the full article at the Transport Topics website.