Downward spiral: Big hit for U.S., Canadian heavy duty truck sales in July

Aug. 12, 2016
U.S. sales of medium- and heavy-duty trucks in July saw their largest drop in almost seven years, Ward's Auto reports, and it was a similar story for sales in Canada.

U.S. sales of medium- and heavy-duty trucks in July saw their largest drop in almost seven years, Ward's Auto reports, and it was a similar story for sales in Canada.

Class 8 sales were the driver in both cases. In the United States, Class 8 sales fell a whopping 39.8% compared with sales in July 2015. International, Freightliner and Volvo had the biggest year-over-year sales losses for the class, dropping 56.7%, 46.1% and 41.2%, respectively. In Canada, Class 8 sales were down by less but still significantly: sales fell 32.0% vs. July 2015.

Sales in Class 7 were a rosier picture. Those were down 15.2% in the U.S. and actually were up a modest 2.1% in Canada compared with sales a year ago, according to Ward's Auto. Freightliner was the top U.S. seller (up 41.9%) for Class 7 trucks but had one of the sharpest losses in Canada (down 40.9%), while Peterbilt's Canadian sales pitched down 68.4% for the biggest drop.

For the United States, Class 6 "was the best performing group," and sales grew 11.3% from a year ago, Ward's Auto finds. Chalk that up to gains by Ford (up 59.3%) and Freightliner (up 13.5%), but Peterbilt sales also saw gains — 7.4% — compared with July 2015. Class 6 Canadian sales fared quite poorly last month compared with July 2015, however, falling by more than half.

Class 5 sales in the United States were about break-even last month vs. July 2015, down by only 0.3% overall, reports Ward's Auto, but U.S. Class 4 sales fell by 16.7% year-over-year. In Canada, Classes 5 and 4 dropped off by 9.6% and 22.0%, respectively.

The medium-duty classes were another mixed bag in the U.S. vs. its northern neighbor: for instance, FCA's Class 5 sales in July "soared" by 56.8% in the United States but fell 11.4% in Canada compared with July 2015 sales. Or Class 4 sales punished Mitsubishi-Fuso most, with the OEM posting declines of 71.0% for the month in the U.S. and 85.7% in Canada compared with July 2015 sales.

Click here for more on U.S. truck sales for the month or here on Canadian truck sales from Ward's Auto.

About the Author

Fleet Owner Staff

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