Truck sales up 7% over a year ago
Mar 13, 2006 11:56 AM
Medium and heavy trucks continued selling at a brisk pace in February, according to figures compiled by Wards Communications.
Dealers sold 53,738 trucks with GVW ratings above 10,000 pounds during the month, up 7% from February 2005.
Class 5 and Class 4 trucks led the way with increases of 39% and 33% respectively when compared with February 2005 sales. Class 8 trucks also had a strong month, up 19% from a year earlier.
Through the first two months of 2006, truck dealers sold 96,074 trucks with GVW ratings above 10,000 pounds, up 4% from the corresponding period of 2004.
Slow sales of light-duty trucks (GVW ratings of 10,000 pounds or less) pulled the overall market down. Retail sales of Class 2 trucks were down 1% from February 2005. For the year, Class 2 sales were down 3% from a year earlier.
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