From Our Perspective…
By Charles Bowles
It doesn’t appear that there will be a slowdown in commercial truck sales any time soon. According to WardsAuto.com, Domestic medium- and heavy-duty new truck sales rose for the 27thstraight month in March. And, the supply continues to tighten in the used sector.
We are, however, seeing some decreases in specific classes of trucks. Medium-duty sales are still a mixed bag, reflecting, in part, the reliance on the housing sector for certain truck types. Until the housing market kicks back into gear (any gear, please!), we’ll see continued fluctuations.
CommercialTruckTrader.com is beginning to see variances in the types of searches based on truck type within specific regions, and this makes sense. Different industries in different parts of the country drive sales. For instance, in the Central Plains, Convention sleeper is the number one searched truck type, follow closely by day cab and box truck. In the Northeast, searches for dump trucks account for 25% of the searches on the site last month. And, in the Pacific region, Utility truck and straight truck searches each account for 15% of total searches in that region.
–Charles Bowles is the general sales manager for Commercial Truck Trader and Equipment Trader. You can reach him at charles.bowles@DominionEnterprises.com or by phone at 757-351-7289.