The volume of trucks retailed at dealer rooftops dropped severely in December, coming in at 4.2 trucks – 0.9 lower than November, and the lowest result in six years. On the bright side, a preliminary spot check of pricing points to limited depreciation month-over-month, suggesting that dealers are sticking to the wait-and-see strategy. We don’t expect notable change in the early winter period. It’ll take another month or two for the market to unfold. Stay tuned for updated pricing data early next week.