Truck sales remain strong in November

Dec. 13, 2005
Trucks with gross vehicle weight ratings in excess of 10,000 pounds were up 13% in November, according to figures compiled by Wards Communications. Dealers sold 51,393 medium and heavy trucks during the month, up from 50,724 sold during November 2004.

Trucks with gross vehicle weight ratings in excess of 10,000 pounds were up 13% in November, according to figures compiled by Wards Communications. Dealers sold 51,393 medium and heavy trucks during the month, up from 50,724 sold during November 2004.

Class 3 trucks had the steepest increase, up 33% from November 2004. Class 3 and 7 trucks also were up 18%, followed by Class 8 at 17%.

Through the first 11 months of 2005, dealers sold 600,166 medium and heavy trucks, up 26%. Class 3 trucks led the way with a 67% increase. Others posting strong gains were Class 5 (up 30%), Class 8 (up 27%), and Class 7 (up 21%) through the first 11 months of 2005.

Slow sales of light-duty trucks (GVW ratings of 10,000 pounds or less) pulled the overall market down. Retail sales of Class 1 and 2 trucks were down 6% and 16%, respectively, from November 2004. For the year, Class 1 sales were 5,968,374, up 2% from a year earlier. The 2,530,936 Class 2 trucks sold during the first 11 months of 2005 were off 9% from the corresponding period of 2004.