Rush 3Q sales strong

Peterbilt dealership chain Rush Enterprises set trucks sales records for the third quarter this year across its lineup, including used vehicles

Peterbilt dealership chain Rush Enterprises set trucks sales records for the third quarter this year across its lineup, including used vehicles.

Net income increased 22.6% to $16.4 million for the quarter, on 34.2% higher gross revenues of $651.3 million vs. 3Q 2005.

The company said it delivered 3,512 new heavy-duty trucks, 1,109 new medium-duty trucks and 999 used trucks during the quarter, compared to 2,648 new heavy-duty, 671 new medium-duty, and 890 used trucks in 3Q 2005.

Rush’s truck dealership division, posted revenues of $625.5 million compared to $467.8 million in the same quarter last year. Parts, service and body shop sales also jumped, climbing to $105.6 million vs. $88.6 million in 3Q 2005.

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