Class 8 natural gas truck sales increase nearly 30 percent

Tps Logo Online Headshot
Updated Jan 29, 2021

Class 8 natural gas truck retail sales in the U.S. and Canada increased 29 percent year-to-date for January and February compared with 2019, according to ACT Research’s Alternative Fuels Quarterly (AFQ).

“Sales of natural gas-powered vehicles as reported by the six major truck OEMs, which account for approximately 60 percent of the heavy-duty natural gas market, were mixed in the December 2019 through February 2020 time period,” says Steve Tam, ACT vice president. “For comparison, total U.S. Class 8 sales were down 23 percent for the same period.”

Tams says, the 2020 natural gas market previously was expected to decrease on a unit basis, but increase penetration because of a shrinking Class 8 market. “However, COVID-19 is wreaking havoc on both the economy and the commercial vehicle market, leading ACT to cut not only the total Class 8 forecast, but also the Class 8 natural gas unit sales, as well.”

AFQ provides insight, analysis and trends about alternative fuel/power adoption for the U.S. heavy- and medium-duty commercial vehicle markets.

Learn how to move your used trucks faster
With unsold used inventory depreciating at a rate of more than 2% monthly, efficient inventory turnover is a must for dealers. Download this eBook to access proven strategies for selling used trucks faster.
Used Truck Guide Cover