[Stay on top of transportation news: Get TTNews in your inbox.]
U.S. Class 8 retail sales in February were 0.6% lower compared with a year earlier, coming in at 15,369, WardsAuto.com reported.
A year ago Class 8 sales were 15,460, according to Wards.
Year-to-date sales increased 3.6% to 32,213 compared with 31,105 a year earlier.
Volvo Trucks North America posted a leading 21.2% increase with sales of 1,607. (Volvo Trucks North America)
Only two truck makers notched sales gains in February compared with the 2020 period.
Volvo Trucks North America posted a leading 21.2% increase with sales of 1,607 compared with 1,326 a year earlier. That earned it a 10.5% market share for the month.
VTNA is a unit of Volvo Group.
Market leader Freightliner posted a 6.9% gain on sales of 6,247 compared with 5,844 in the 2020 period. That was good for a 40.6% share.
Freightliner is a unit of Daimler Trucks North America.
The flat sales come as Class 8 orders have piled up since September, and 2020 ended with 278,400, according to industry reports.
Experts also have noted persistent and various supply chain constraints are affecting production.
“The overall market for retail sales was as expected in February and it’s clear all OEMs are having the same issues with supply chain constraints which are affecting sales figures,” said Magnus Koeck, vice president of strategy at VTNA.
Want more news? Listen to today's daily briefing below or go here for more info:
"8" - Google News
March 11, 2021 at 01:30AM
https://ift.tt/3bwK9oK
February Class 8 Sales Flat at 15369 - Transport Topics Online
"8" - Google News
https://ift.tt/2z1PBPz
https://ift.tt/3c1rzCJ
No comments:
Post a Comment