October 19, 2017
Sales of commercial trucks fell in the third quarter, down 1.5 percent from the same period last year, ATD announced Wednesday in its third quarter Truck Beat.
ATD says Class 8 sales remained sluggish, down 10 percent compared to this time last year. But medium-duty sales (Class 4-7) have been strong, up 6.7 percent year-to-date. For the rest of the year, ATD expects medium-duty sales to remain strong, driven by seasonal demand and the expanding presence of online retail.
ATD expects Class 8 sales to close out the year slightly below 2016 levels, but then sales should pick up beginning first-quarter 2018. On a related note, confirmation of an infrastructure spending bill remains to be seen.
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