From the category archives: Industry News and Events

Industry News and Events

Fleets are Finally Expanding. What are the Implications for Used Trucks?

Over the past two years, the general increase in new truck orders and production was attributed to replacement demand, not expansion. Logically, though, if orders and production continued to increase, simple one-for-one replacement would eventually not account for order and production levels...

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Whose Values are Best?

I occasionally hear comments from used truck professionals about how one valuation company or another claims to have “the best data” or “the best analytics.” I don’t know how other valuation providers or analytical firms analyze the used truck market, but I can certainly speak to NADA’s processes...

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Resale Value of Natural Gas Trucks

As reported by Successful Dealer last week, there was interesting discussion from OEM panelists at the recent Alternative Clean Transportation (ACT) Expo regarding residual values of natural gas trucks...

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Heavy Hitters Making Big Bets on Used Trucks

Recently, two of the nation’s largest sources of new and used trucks, Rush Enterprises and Penske, have opened brick-and-mortar locations dedicated solely to used trucks...

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Will Fuel Economy Mandates Impact Used Truck Pricing?

By now you’re well aware of President Obama’s announcement that he will direct the EPA and DOT to set the next (post-2018) round of medium and heavy truck fuel economy and emissions standards. The first round of standards was finalized in September of 2011, and trucks meeting those standards are just now going into production...

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December and January Class 8 Orders were a Solid One-Two Punch

According to FTR and ACT Research (article here), January new Class 8 orders should come in at approximately 34,400. This is the second month in a row over 30,000 – the first time we’ve seen a two-month combined result this high since 2006...

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Convention Wrapup

This post may seem a bit late, seeing as the ATD/NADA Convention ended on Monday. But most attendees received an extra couple of days in New Orleans due to the weather that shut down the airport all day Tuesday and most of Wednesday...

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From the Convention #2: Define How your Used Truck Department Fits in to your Dealership Operations

In yesterday’s post, we briefly mentioned why used trucks are a potential revenue stream. This is only part of the equation...

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From the Convention: Don’t be Afraid of Used Trucks!

As we covered in today’s workshop at the ATD/NADA Convention (“Understand and Manage Used Trucks”), your used inventory can and should be considered a revenue stream, not a headache...

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Is the Federal Budget Deal the First Step Towards Accelerated Growth?

The recent budget compromise (when was the last time you heard those words in the same sentence?) reached in the House of Representatives last week was a refreshing example of legislators doing their primary job – drafting policy – instead of concentrating on the politics of grandstanding and brinksmanship more typical of recent budgetary periods...

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