Jump to content

November Class 8 Sales Skid to Lowest Point in Almost Two Years


Recommended Posts

Roger Gilroy, Transport Topics  /  December 11, 2019

U.S. Class 8 retail sales in November fell 12.9% year-over-year, landing at the lowest point in almost two years, WardsAuto.com reported.

Sales were 18,545 compared with 21,302 a year earlier. It was the lowest volume since February 2018, when sales hit 16,687.

Only Paccar’s two brands gained ground last month; all other manufacturers posted declines in sales compared with the 2018 period.

For the first 11 months, sales hit 253,266, climbing 12.8% higher than the 224,508 in the 2018 period.

Daimler’s Freightliner brand remained the market leader, selling 7,046 trucks, but sales were down 16.4% compared with a year earlier. Freightliner earned a 38% market share.

Daimler’s Western Star brand sold 493 trucks, down 3.3% from a year earlier. It had a 2.7% share — giving DTNA a total market share of 40.7%.

The two Paccar brands, Kenworth and Peterbilt, combined for sales of 7,014, or about 500 behind DTNA.

Kenworth sold 3,508 trucks, a 10.1% improvement over the 2018 period and good enough to earn an 18.9% market share. Peterbilt sold 3,506, up 5.1% from the 2018 period. It also earned an 18.9% market share. [37.8% market share for Paccar]

International saw sales drop 42% to 1,273 in the month, which is the beginning of Navistar’s fiscal year. International posted a 6.9% share.

Volvo Group’s Mack brand saw sales fall 18.3% compared with a year earlier to 1,185, good for a 6.4% share.

Volvo posted sales of 1,528, down 30.5% from a year earlier. It earned an 8.2% share.

The November totals also included Class 8 sales by Hino Motors Manufacturing U.S.A. of 2 trucks, giving it 8 sales for the year. Hino is relatively new to the Class 8 market.

Ward’s also reported combined sales in Class 4 through Class 7 dropped 7.4% in November to 16,753 compared with 18,101 a year earlier.

cPaccar is still in attack mode. KW and Pete are neck and neck. Interesting. Mack is up from 5 % to 6.4% market share probably due to the Navistar dive. Navistar is ready for a VW fire sale.

3 hours ago, james j neiweem said:

cPaccar is still in attack mode. KW and Pete are neck and neck. Interesting. Mack is up from 5 % to 6.4% market share probably due to the Navistar dive. Navistar is ready for a VW fire sale.

And yet, NAV stock has not fallen.

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...