Truck sales continue gains in April

May 14, 2014

Fleets are continuing to loosen their pocketbooks as replacement of older equipment gathers momentum. For the eight consecutive month, U.S. Class 4 to 8 truck sales showed strong year-over-year growth in April, according to WardsAuto.com.  For all weight classes but Class 7 it was the best April sales showing since 2006, the automotive data specialist reported.

Medium- and heavy-duty sales rose 11.4% for the month and 13.1% over the first four months of the year.  Sales in that period totaled 119,768 units, well above the 105,873 units reports in the first four months of 2013.  Class 8 sales rose 14.5% compared to the same four months last year, while medium-duty sales were up 13.6%.

As for inventories, WardsAuto.com  reports:

Class 8 had a 53 days’ supply at the end of April, compared with 55 year-ago. However, inventory rose slightly to 35,980 units from 34,420. There was 70 days’ supply of medium-duty trucks, up from 63 prior-year as the month’s unit inventory rose to 47,077 from 37,394.

Sign up for our free eNewsletters

Voice Your Opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!