Analysts View Truck Orders Dip as ‘Pause’ in Growing Market
The decline in truck orders — including the 55% drop last month compared with a year ago and declines in the previous three months — represents a “pause” in the fleet replenishment process rather than a sign of fundamental market weakness, several analysts and dealers have said.
May 14, 2012New Home Sales Decline in March
New home sales fell 7.1% in March from a two-year high the previous month, the Commerce Department said Tuesday.
April 24, 2012Medium-Duty Truck Purchases Increase 16% in March
U.S. Class 7 sales jumped 20.3% in March compared with the same month last year, while Class 6 sales rose just 1.6%, WardsAuto.com reported.
April 23, 2012Existing Home Sales Fall for Third Time in Four Months
Existing home sales for March fell for the third time in four months, the National Association of Realtors said Thursday.
April 19, 2012March Truck Sales Rise 33%
U.S. truck makers sold 17,308 Class 8 trucks in March, a 33% increase from the same month last year, but the news comes as several potentially troubling signs have appeared.
April 16, 2012New Home Sales Decline in February
New home sales fell 1.6% in February, the second straight monthly decline, the Commerce Department said Friday.
March 23, 2012February Heavy-Duty Truck Sales Soar 58.8%
U.S. heavy-duty truck sales continued to surge in February, as fleets and owner-operators bought 15,418 Class 8s, a 58.8% jump over the 9,712 sold a year earlier, WardsAuto.com reported March 12.
March 19, 2012Retail Sales Rise 1.1%; Gain Is Most in Five Months
Retail sales rose 1.1% in February, the biggest gain in five months, the Commerce Department said Tuesday.
March 13, 2012New Home Sales Slip in January
New home sales dipped 0.9% in January after hitting a one-year high the previous month, the Commerce Department said Friday.
February 24, 2012Class 8 Truck Sales Jump 52.9%
U.S. Class 8 truck sales grew sharply in January, jumping 52.9% compared with the first month of 2011, as all manufacturers posted gains of more than 40%, with the exception of Volvo Trucks, which dropped 5.2%.
February 20, 2012