Heavy-duty truck gross sales up 20% year-over-year

by Threat calculated on 04/10/2022 15:37:00

The BEA revealed its estimate of car gross sales for September this morning.

This chart reveals truck gross sales since 1967 utilizing BEA information. The dotted line is the seasonally adjusted annual gross sales fee (SAAR) for September 2022.

Heavy truck gross sales actually crashed throughout the Nice Recession, dropping to a low of 180,000 SAAR in Could 2009. Afterwards, heavy truck gross sales elevated to a brand new all-time excessive of 570,000 SAAR in April 2019.

Heavy truck sales Click on on the graphic to enlarge the picture.

Word: “Heavy-duty vehicles – vehicles over 14,000 kilos gross automobile weight.”

Truck gross sales fell sharply at first of the pandemic, falling to a low of 308,000 SAAR in Could 2020.

Heavy truck gross sales had been 504,000 SAAR in September, unchanged from 504,000 in August and up from 420,000 SAAR in September 2021.

Normally, heavy truck gross sales decline sharply earlier than a recession. Gross sales had been sturdy in September.