Strong Showing For Class 8 Truck Sales In June
According to a report in the Commercial Carrier Journal (CCJ), nationwide June 8 Class 8 truck sales were quite strong.
Significant Increase Over Previous June
On Wednesday, July 5, FTR Research released data regarding net orders for the month. The 17,600 units sold represent a significant year-over-year increase of 38 percent. June sales were seven percent higher than those recorded in May. FTR anticipates that many of the June Class 8 truck orders will be fulfilled in the fourth quarter of 2017.
Total Class 8 net orders for the 12-month period ending June 30 total 216,000 units.
Industry Analyst Comments
CCJ quoted Don Ake, FTR's VP of Commercial Vehicles, who said, “The June orders confirm that the market just took a brief respite in May after several stronger than expected months.” Ake suggests that overall sales for the year are on track with FTR's projections. According to Ake, the strong June is due in part to fleets addressing projected demand for the remainder of 2017. June's data also bodes well for the future. Ake says, “the market is steady, stable and primed for a strong year in 2018.”
Since its inception in 1993, Carolina International Trucks has grown to become the largest truck dealer in South Carolina. We sell a wide range of equipment, including heavy-duty trucks, medium-duty trucks, dump trucks, trailers, sleeper trucks and daycab trucks. To meet your service needs, we offer a total of 70 service bays at six locations. We also maintain a $6 million inventory of parts to help our customers return to the road as efficiently as possible. For friendly, professional assistance, please contact us today!
