Year-to-year truck sales drop 32%

Medium and heavy truck sales were down 32% in March over the same period a year ago, but were up 32% over the previous month

Medium and heavy truck sales were down 32% in March over the same period a year ago, but were up 32% over the previous month, according to figures compiled by Ward’s Communications.

Dealers sold 28,311 trucks with GVW ratings above 10,000 lbs during the month, down from March 2008 (41,462) and up from February 2009 (21,448).

Compared with March 2008, Class 8 trucks were down 21% while Class 7 experienced a 23% decline. Through the first three months of 2009, truck dealers sold 72,819 trucks with GVW ratings above 10,000 lbs, down 38% from the corresponding period of 2008.

Sales of light-duty trucks (GVW ratings of 10,000 lbs or less) were even weaker in March vs. a year ago, with Class 4 down 51% and Class 2 down 47%. For the year, total light-duty sales were down 40%.

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