Class 8 sales skid 21.9% in January 2003

March 1, 2003
Although slightly more Class 8 trucks were sold in January 2003 than the previous year, sales slumped 21.9% compared with the previous month, according

Although slightly more Class 8 trucks were sold in January 2003 than the previous year, sales slumped 21.9% compared with the previous month, according to numbers compiled by Ward's Communications.

Analysts had predicted that Class 8 sales would drop after cleaner-burning heavy-duty diesel engines were mandated in October 2002 by the Environmental Protection Agency. However, most OEMs had seen strong sales numbers through the end of 2002.

Sales of International and Volvo Class 8s were higher in January 2003 than the previous year and the previous month.

With 1,759 trucks sold in January 2003, International's sales were 7.2% higher than in December 2002 and 6.3% better than January 2002.

Volvo's 968 trucks sold in January 2003 were 64.6% higher than the previous month and 89.4% better than the previous year's mark.

Sterling sold 7.9% fewer trucks in January 2003 than in December 2002, but the 756 unit total represented a gain of 35.7% compared with the previous January.

Sales of Freightliner (-33.2%), Mack (-57%), Kenworth (-28.4%), Peterbilt (-33.7%), and Western Star (-30.1%) Class 8s in January 2003 all were down compared with December 2002.

Voice your opinion!

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

Sponsored Recommendations

Leveraging telematics to get the most from insurance

Fleet owners are quickly adopting telematics as part of their risk mitigation strategy. Here’s why.

Reliable EV Charging Solution for Last-Mile Delivery Fleets

Selecting the right EV charging infrastructure and the right partner to best solve your needs are critical. Learn which solution PepsiCo is choosing to power their fleet and help...

Overcoming Common Roadblocks Associated with Fleet Electrification at Scale

Fleets in the United States, are increasingly transitioning from internal combustion engine vehicles to electric vehicles. While this shift presents challenges, there are strategies...

Report: The 2024 State of Heavy-Duty Repair

From capitalizing on the latest revenue trends to implementing strategic financial planning—this report serves as a roadmap for navigating the challenges and opportunities of ...