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Mar 15, 2006

Markets - USA - Heavy trucks sales up and away

USA -Fleet Owner (subscription), by Terrence Nguyen - Mar 14, 2006: -- Class 8 retail truck sales in February reached 20,399 units—a brisk 19% jump compared to February 2005, according to www.WardsAuto.com... The high numbers presents further evidence that the business environment for the trucking industry is strong enough to support heavy capital spending... On a seasonally adjusted annualized rate, February sales would mean about 280,000 units will be sold in all of 2006, according to Chris Brady, president of Commercial Motor Vehicle Consulting (CMVC). That would top the 252,792 units actually sold in 2005...

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