With about 90% of our July sales data received, we can start looking at estimated results.

First, it looks like sales volume in the dealer segment basically split the difference between May and June (see graph). As you might recall, May saw a steep decline from April, while June recovered about half of that decline. July puts us at right about the average for 2011 to date.

Price and mileage in both the retail and wholesale channels continue to rise in lockstep (see graphs). Retail and wholesale buyers are paying more for trucks with ever-increasing mileage.
In our supply-constrained market, we should be used to this type of unusual behavior by now. Look for finalized July results the first week of Spetember.