EPA
Oct 29, 2002 12:00 PM
EPA rules boosting used-truck market After a two-year slump, demand for used trucks is picking up, say truck OEMs and dealers. Fleets have opted to make used truck purchases because of new EPA emissions standards for heavy-duty diesel engines. While fleets are taking a wait-and-see approach to the new EGR-cooled engines, they are buying used trucks that have been parked on lots across the country. The engines in those trucks do not have to meet the new emissions standards. Steve Keate, International Truck and Engine Corp.'s truck group president, told Fleet Owner that the used truck market has been a bright spot for the OEM over the last six months. "We've seen strong used truck demand. Our inventories levels are at the lowest levels that they've been in a number of years," Keate said. And thanks to that higher level of demand, Keate said International has seen an increase in used truck prices.
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