Heavy Truck Gross sales Decreased in September

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by Calculated Threat on 10/02/2024 02:03:00 PM

This graph reveals heavy truck gross sales since 1967 utilizing knowledge from the BEA. The dashed line is the September 2024 seasonally adjusted annual gross sales price (SAAR) of 477 thousand.

Heavy truck gross sales actually collapsed through the nice recession, falling to a low of 180 thousand SAAR in Could 2009.  Then heavy truck gross sales elevated to a brand new report excessive of 570 thousand SAAR in April 2019.

Click on on graph for bigger picture.

Be aware: “Heavy trucks – trucks more than 14,000 pounds gross vehicle weight.”

Heavy truck gross sales declined sharply at first of the pandemic, falling to a low of 288 thousand SAAR in Could 2020.  

Heavy truck gross sales have been at 477 thousand SAAR in September, down from 501 thousand in August, and down 4.7% from 501 thousand SAAR in September 2023.  

Often, heavy truck gross sales decline sharply previous to a recession.   Heavy truck gross sales are strong. 

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