New, used commercial truck market closed out 2021 with higher volume, J.D. Power finds
Commercial Truck auction volume increased in December, likely due, at least in part, to a substantial increase in new truck deliveries, according to analysts from J.D. Power Valuation Services, as reported in the January 2022 Commercial Truck Guidelines Industry Update. Companies taking delivery of long-awaited new trucks were most likely eager to offload their older inventory.
Class 8 used truck pricing remains strong, J.D. Power finds
In the June 2019 Commercial Truck Guidelines Industry Update, analysts from J.D. Power Valuation Services reported May’s Class 8 market was basically the opposite of April, with pricing down and volume up in the auction channel.
J.D. Power: Commercial truck market conditions could see mild changes
J.D. Power Valuation Services has released the latest edition of its Commercial Truck Guidelines Industry Update, which found that although Class 8 auction and retail channels closed out 2018 with no real surprises, current market conditions are pointing to a maturing boom cycle. According to the report, the Class 8 auction and retail channels closed out