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Big truck sales post 25.7% increase

Nov 1, 2002 12:00 PM

Sales of medium- and heavy-duty trucks in the U.S. totaled 27,096 units in September, up 25.7% on a daily rate basis from the 23,433 big rigs sold during like-2001. It's the biggest increase since June 1999 when deliveries shot up 28,9%, Ward's data shows.

Heavy-duty (Class 8) deliveries surged 51.8% in September, 13,502 vs 9,667 year-ago — the highest gain recorded by Ward's, surpassing the previous high of 49.7% set in January of 1993.

The huge gains result from customers rushing to restock fleets before higher prices associated with the Oct. 1 change in emissions regulations kicked in.

In the Class 8 segment, every nameplate recorded an increase.

Medium-duty (Class 4-7) sales hit 13,594 units in September, up 7.3% on a daily basis (23 days this year vs. 25 year-ago).

September's results equal a 350,000-unit seasonally adjusted annual rate (SAAR) compared with year-ago's 310,000-unit SAAR.
Wards' Automotive Reports

Wards' U.S. New Truck Sales by Weight Class — September 2002

SEPTEMBER JANUARY-SEPTEMBER
Month Units Units
2002 2001 DSR % Chg 2002 2001 Vol. %Chg
Class 1 427,240 449,551 3.3% 4,580,529 4,484,045 2.2
Class 2 187,801 192,197 6.2% 1,927,630 1,780,611 8.3
Class 3 6,935 7,156 5.3 59,469 68,327 -13.0
Class 4 2,735 3,208 -7.3 29,090 41,017 -29.1
Class 5 1,942 1,601 -31.8 17,989 18,506 -2.8
Class 6 4,527 2,815 74.8 32,731 32,365 -1.1
Class 7 4,390 6,142 --22.3 54,567 72,055 -24.3
Class 8 13,502 9,667 51.8 108,581 106,515 1.9
Total Trucks 649,072 672,337 4.9 6,810,986 6,603,441 3.1
Source: Ward's AutoInfoBank


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