Class 8 used truck volumes, prices rise in September
Total reported volumes of used Class 8 trucks rose 6% month over month and 4% year over year in September, according to the latest release of the State of the Industry: U.S. Class 3 to 8 Used Trucks, published by Act Research. “Year-to-date, sales remain down 4%,” said Steve Tam, Vice President-Commercial Vehicle Sector with
Jost Group acquires Mercedes-Benz trailer axle systems
Jost Group and Daimler AG have successfully concluded their negotiations on the acquisition of Mercedes-Benz Trailer Axle Systems. Following completion of the transaction, Jost Group will be one of the largest manufacturers of trailer axles in Europe. Jost Group, the world’s leading producer of vehicle connection components for systems, modules and components for trucks &
Western Star debuts 5700XE
Western Star has just made a major announcement—its new 5700XE model—and customers were involved in the designing. According to Michael Jackson, general manager, Western Star Trucks, “We started our interviews with customers with a series of focus groups at the Mid America Truck Show in 2009. We also conducted quantitative research of highway customers, working
Effective maintenance, sound equipment choices help Oak Harbor Freight Lines operate efficiently
Freight volumes are higher than expected, notes Dan Vander Pol, director of maintenance at Oak Harbor Freight Lines. “While that is certainly good news, it does put a lot of pressure on our maintenance department to keep equipment running efficiently and on the road,” he says. “We don’t have extra equipment; so, if we have
January heavy-duty used truck average price sets record
The average selling price of total reported used Class 8 trucks set a record in January at just over $44,000, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research. “Pricing for Class 8 used trucks edged up slightly m/m in January, but was meaningfully
The new Mercedes-Benz Sprinter
Earlier this week Mercedes-Benz introduced its new Sprinter van. According to Volker Mornhiweg, head of Mercedes-Benz Vans, “The new Sprinter is a pioneer in new technologies, offering lower cost of ownership and exemplary safety.” The 2014MY Sprinter Van has a new look and is now even more economical, safer and environmentally friendly.
Mitsubishi Fuso continues low APR financing
For its Spring It On! sales event, Mitsubishi Fuso Truck of America, Inc. (MFTA) is continuing to offer 1.4% APR financing for 36 months on all new 2012–2014 Canter FE Series medium-duty trucks sold in the U.S.
Freightliner launches equipment manufacturers support program
Freightliner Trucks has introduced the Freightliner Frameworks Truck Equipment Manufacturers program. This new initiative complements the company’s overall strategy to develop solutions for truck equipment manufacturers that make the upfitting process as efficient as possible.
Mitsubishi Fuso offers 1.7% APR, no payment for 90 days
As part of its 4Q Rev It Up sales event, Mitsubishi Fuso Truck of America is offering 1.7% APR financing for 36 months on all new 2012/13 Canter FE Series medium-duty commercial trucks sold to qualified buyers in the U.S.
Mitsubishi Fuso 1Q incentive program offers 0.9% APR financing
The truck maker’s Canter Can-Do Sales Event features retail incentives plus 0.9% APR financing for 24 or 36 months on all new 2012 Canter FE Series medium-duty commercial trucks sold in the U.S.