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ACT: Used truck market loses ground in May
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ACT: Used truck market loses ground in May
COLUMBUS, Ind. — May preliminary Class 8 same dealer used truck retail sales could not keep pace with April’s activity, down 13% m/m, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research. “The decline was larger than expected based on historical seasonality, which called for a 3% m/m decrease,” said Steve Tam, vice president, ACT. “Auction sales surged 79%, directionally…
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