Truck Sales Up Slightly Despite Cuts
The fall in orders for new trucks and the rise in cancellations — factors that have prompted production cutbacks among several Class 8 manufacturers this year — have yet to reach the sales side of the market, which was up slightly in January from the same period in 1999.
Total sales of Class 8 trucks in January were 16,539, compared with 16,526 a year earlier, according to Ward’s Communications, an analysis firm based in Southfield, Mich., and all but two major manufacturers reported increases over the previous year.
However, the figure was down from the 23,827 sold in the final month of 1999.
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The biggest decline was at Volvo Trucks North America, which recorded a 66.3% drop, from 2,203 in January 1999 to 743 this year.
