|
|
Article: Annual Truck Sales Drop 11.6%; 2008 Total Is Lowest Since 1992
- Article from:
- Transport Topics
- Article date:
- January 19, 2009
- Author:
CopyrightCopyright Transport Topics Publishing Group (TTPG) Jan 19, 2009. Provided by ProQuest LLC. (Hide copyright information)
|
U.S. heavy-duty truck sales hit their lowest level in 16 years during 2008. falling for the second straight year, even though they made a modest recovery alter hitting bottom in May.
Original equipment manufacturers and their dealers sold 133,473 Class S trucks for the year, an 11.6% drop from the 150,965 sold in 2007, according to a Jan. 13 report from WardsAuto.com. The last time annual sales were lower was in 1992, when OEMs sold 119.057 units.
In December, Ward's said, retail sales increased by 5.9% compared with a year earlier, with one dealer citing an expiring tax incentive for helping to boost activity. In all, OEMs sold 12,747 vehicles, up from 12,034 during the same month a year ...