Class 8 Sales Mark Second Year-Over-Year Increase of 2024
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U.S. Class 8 retail sales in November outpaced last year for the second time this year, according to data from Wards Intelligence.
Sales increased 3.3% to 19,658 units from 19,027 during the same time last year. They decreased 5.8% from the 20,859 units reported in October. The last year-over-year increase was a slight 1.8% rise in July. The prior 11 months were all declines. Year-to-date sales are down 10.4% to 217,872 units from 243,253.
Five of the seven major brands saw lower sales from last year. Freightliner, a brand of Daimler Truck North America, claimed the largest market share with 7,550 trucks, accounting for 38.4% of all sales for the month. That was also a 30.3% rise from the 5,796 reported the prior year. Western Star, also a DTNA brand, experienced the largest year-over-year percentage increase in truck sales of the major brands at 44.7% to 1,032 units from 713.
Mack Trucks sales decreased 9.5% to 1,196 from the 1,321 units reported during the year-ago period. Volvo Trucks North America sales decreased 22.4% to 1,536 units from 1,980. Mack and VTNA are brands of Volvo Group. International Motors saw a 10.9% drop in sales to 2,630 units from 2,952. Peterbilt Motors Co. sales fell 10.1% to 2,875 units from 3,198. Kenworth Truck Co. saw sales fall 7.9% to 2,809 from 3,050. Peterbilt and Kenworth are Paccar Inc. brands.
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