From the category archives: Industry News and Events

Industry News and Events

What's Driving New Truck Orders?

By now, you’re aware that October and November new Class 8 orders were through the roof – basically the strongest 2-month period in 8 years. Why now? What has changed in the economy to prompt this massive increase?...

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ATD/NADA Official Commercial Truck Guide® now Includes Service/Utility Body Option

In response to customer feedback, NADA has added a Service/Utility Body option to the Commercial Truck Guide. Since NADA is the leading third-party provider of benchmark used vehicle values, this enhancement should help to streamline the financing process...

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See you at UTA!

We’re taking the week off from posting market data because we’ll be at the Used Truck Association’s annual convention in Scottsdale, AZ. NADA is proud to have attended every UTA convention since the inaugural one in 2000...

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Where Does the Natural Gas Market Stand?

Back in May, we discussed how there is essentially no secondary market yet for used natural gas trucks. With last year’s announcement by Westport that they had ceased production of their 15L engine – and Volvo’s announcement last week that they have stopped work on a compression ignition LNG engine for North America – it appears that interest in natural gas power has moderated...

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Where Does the Natural Gas Market Stand?

Back in May, we discussed how there is essentially no secondary market yet for used natural gas trucks. With last year’s announcement by Westport that they had ceased production of their 15L engine – and Volvo’s announcement last week that they have stopped work on a compression ignition LNG engine for North America – it appears that interest in natural gas power has moderated...

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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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