Truck sales went down nearly 12% in January
Class 8 retail sales in the US fell below 15000 in January compared to the last year.
In the 2021 period, sales ranged 16844 vehicles. The fall in January came after a record December total of 24716. Supply chain issues continue to baffle normal work. January was tricky for truck manufacturers.
Shares of market leader Freightliner fell 10,6% to 6514 trucks.
Peterbilt Motors Co., a division of Paccar Inc., fell 41% to 1623 trucks, accounting for 10,9% of the market.
Mack Trucks, the Volvo Group unit, reduced sales by 36,9% to 683 trucks and earned 4,6% of the market.
Volvo Trucks North America, also a Volvo Group brand, fell 19,6% to 1404 trucks, accounting for 9,5% market share.
Kenworth Truck Co., also a Paccar brand, increased sales by 18,7% to 2218 trucks. It earned 14,9% of the shares – the second largest.
International, brand of Traton Group’s Navistar International Corp., increased 15,3% to 1950 trucks and cut its share by 13,1%.
DTNA’s Western Star brand grew by 11,2% to 465 trucks with a share of 3,1%.