In September, Class 8 retail sales experienced their second consecutive monthly drop compared to the same period last year, as per the report from Wards Intelligence.
Last month’s sales dipped by 3.2%, with 22,231 units sold, in contrast to 22,971 units in 2022. Additionally, there was a 4.8% decrease from August, when 23,342 units were sold.
For the year so far, Class 8 sales have shown an increase of 12.9%, totaling 202,335 units, in comparison to 179,247 units at the same point in 2022.
Wards Intelligence discovered that sales decreased compared to the previous year at four out of the seven significant truck manufacturers.
- Daimler Truck North America’s Freightliner brand took the largest market share with 7,869 trucks sold, accounting for 35.4% of all sales, compared with 8,395 last year. But Western Star, another DTNA brand, posted the largest percentage increase in sales with a 76.3% spike to 691 units from 392.
- Kenworth Truck Co.’s sales declined 4.7% to 2,998 units from 3,146, while Peterbilt Motors Co. saw sales rise 4.2% to 3,456 from 3,317. Both are brands of Paccar Inc.
- Navistar’s International brand reported sales dropped 16.8% to 3,202 from 3,848.
- Volvo Trucks North America’s sales declined 1.6% year-over-year to 2,393 from 2,432. But Mack Trucks’ sales increased 12.6% to 1,622 units from 1,441, according to Wards. Mack and VTNA are brands of Volvo Group.