ACT Research announced Tuesday that used Class 8 truck same dealer sales volumes ended 2016 one percent above November, and up 11 percent year-over-year compared to last December.
The positive close to the year marked three consecutive months of year-over-year increases, ACT says in its latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks.
“The uptick in sales was enough to push 2016 year-to-date volumes a fraction of a point, 0.3 percent, higher than 2015’s total,” says Steve Tam, ACT vice president. “Once the dust has settled, we believe 2016 used Class 8 truck sales will see a small gain over 2015, at around 270,000 units.”
Used Class 8 exports also climbed again.
ACT says export volumes were up 74 percent year-over-year compared to November 2015.
“This marks five months in a row of year-over-year improvements, and pushes year-to-date totals 10% higher than the comparable period in 2015,” Tam says. “With one month of 2016 exports yet to be reported, November year-to-date volumes have already surpassed 2015’s total.”
