IHS Says Used Truck Sales, Trailer Registrations Up

March 02, 2016 by Justin Stoltzfus, SjStoltz

Commercial vehicle sales rose in the fourth quarter of 2015, according to research firm IHS Automotive.

Sales of used, commercial vehicles in Class 3 through 8 weight segments topped 176,000, a 14 percent gain over the same quarter a year earlier.

Used sales accounted for nearly 51% of commercial vehicle transactions during that period.

The strong fourth quarter sales pushed total 2015 used transactions to 755,109 vehicles, a 6.2 percent increase over 2014. It was the second best year for used commercial vehicle sales since 2005, IHS said.

IHS also reported climbing sales for commercial trailers, with 254,700 units registered in 2015. Registrations now approach the record level of 285,200 in 2000.

×

Subscribe to our mailing lists

Choose one or more topics:
x