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Uncategorized posts

Wholesale Volume Extends Lead over 2014

Our preliminary estimate points to a dramatic drop in the number of used trucks retailed per rooftop in June, at 4.9. This figure is 0.9 truck lower than May, and also 0.9 truck lower than June 2014...

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Wholesale Pricing Mixed Going into Summer

Unlike the unexpectedly strong retail channel, the wholesale (auction plus dealer-to-dealer) channel performed flat to mildly downward in the first four months of the year. Volume was relaxed compared to the first quarter, which is typical for late spring...

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Buyers Returned to Dealership Lots in March

After a weather-ravaged January and February, retail sales per rooftop look to have recovered in March. Our preliminary estimate shows a 6.2 truck average, putting the month slightly above the long-term, post-recovery average of 6.0...

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Wholesale Pricing Moves Downward on Higher Supply

Last week, we looked at retail pricing performance of 3-5 year-old sleepers. The wholesale channel turned in a somewhat different performance in the first 2 months of the year...

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Medium Duty Conventional Market Mixed in July

July was a fairly good month for the lighter GVW classes of conventionals, with pricing for our Class 4 benchmark group up mildly month-over-month and substantially year-over-year. Volume took a dip in July, although 2014’s monthly average is very close to 2013’s if a one-month outlier is ignored...

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Medium Duty Conventional Market Mixed in July

July was a fairly good month for the lighter GVW classes of conventionals, with pricing for our Class 4 benchmark group up mildly month-over-month and substantially year-over-year. Volume took a dip in July, although 2014’s monthly average is very close to 2013’s if a one-month outlier is ignored...

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Year-to-Date Auction Volume Dips Closer to 2013

The number of trucks reported sold at auction decreased moderately in July, coming in at 2742 – a 529 (or 16.2%) decrease from June, and a 236 (or 7.9%) decrease from July 2013. Year-to-date results are still positive, however, with 2014 sales totaling 21,483 – a 519 (or 2.5%) increase over same-period 2013...

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Auction Volume Roared Back in March

Pent-up demand following the rough winter combined with an extra week of sales collected resulted in a massive increase in number of trucks reported sold through auctions in March. In fact, this month represented the highest volume reported since May of 2010...

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Return to Stability for Dealer Sales Volume?

With approximately 60% of our March sales data collected from the dealer channel, we are predicting that dealers retailed an average of 6.4 trucks per rooftop in March. This result would be higher than February by 0.3 trucks, and would represent the first time volume has been stable for two months in a row since late spring of 2013...

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1st Half 2013 vs. 2012 Comparison - Continued

To follow up on my last post, here's how the wholesale sleeper market performed in the first half of each year:

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