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Mitsubishi Fuso Truck of America announced it is discontinuing new truck sales. Customers will remain supported for warranty repairs, maintenance services, and replacement parts until 2028.
Trucks have shown the most strength of any segment with full-size trucks up 3%, while Kelley Blue Book shows midsize pickups rose 6%, aided by new and redesigned models.
In China, domestic demand for heavy trucks declined about 1% year-over-year in Q4’18, while the tractor market grew more than 12% and the medium truck market closed 2018 down nearly 48% compared to Q4’17, said ACT Research.
Isuzu Commercial Truck of America announced that its truck and parts sales set records in 2018, marking the fourth consecutive year that the company has reached new high sales numbers.
The Chevrolet Silverado 4500HD, 5500HD, and 6500HD chassis cab trucks — the first-ever medium-duty Silverado trucks — are in production and on their way to dealerships starting Dec. 19.
While not a new idea, a sale and lease back transaction — where the owner of an asset sells the asset and then leases it back from the buyer — might make sense for some fleets today.
Despite an overall positive truck sales forecast for 2019, tariffs and trade wars could be stumbling blocks that trip up the economy and send freight and truck sales downward, said two longtime industry analysts.
U.S. customers have bought more than 428,792 Colorados since 2014. To celebrate the past four years, Chevrolet is expanding the Colorado range with two new special editions: the off-road Z71 Trail Runner and street-focused RST.
October Class 8 orders were above 40,000 units for the eighth month in a row, but two different companies reporting the data put rather different spins on their analysis of the numbers.
Registrations in the U.S. increased 12.2% in the first half of 2018 compared to the same period in 2017 with double-digit growth in Class 6 and Class 8, according to IHS Markit.