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Jul 18, 2016

TRUCK SALES * USA: Natural gas vehicles up 48%

* Iowa - Natural-Gas truck sales recover from slow start in 2016

--- Retail sales of Class 8 natural gas trucks in the U.S. and Canada improved in May, after getting off to a slow start earlier in the year, according to a report published by ACT Research... The majority of natural-gas vehicle sales were attributed to repeat sales as well as purchases made by transit bus and refuse truck operators, according to ACT... The lower price of diesel fuel has stunted the return on investment fleets might have for gained by adopting the alternative fuel, making the turn toward natural gas a less lucrative prospect for fleets... Sales were up 48% over the previous month. But they are down 21% over the past 12 months and 24% year-to-date compared to 2015... 
Iowa City, IO, USA - Truckinginfo - July 14, 2016

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