duty News Updates

Business

Morgan Corp. to Add Additional Plant in New England

Medium-duty truck body manufacturer Morgan Corp. will expand its manufacturing footprint into New England, it said, and a site search is under way to select a location capable of supporting the production of up to 3,000 truck bodies annually.

December 29, 2016
Business

Medium-Duty Orders Slip 7% Year-Over-Year

ACT Research announced that 20,400 orders for Classes 5-7 trucks were placed in September, a year-over-year decline of 7%.

October 6, 2016
Business

2015 Medium-Duty Sales Surpass 200,000 as Growth Is Consistent Among All Classes

Sales of medium-duty trucks for all of 2015 were the highest since 2007, with all weight classes showing growth, WardsAuto.com said.    

January 25, 2016
Business

Medium-Duty Sales Rise 3% in May

Retail sales of medium-duty trucks in the United States edged up 3% in May, reversing a 10% decline in April, WardsAuto.com reported.

June 22, 2015
Business

Replacement of Older Units Drives Growth Of Medium-Duty Vehicle Sales, Analysts Say

Medium-duty trucks sales reached their highest level in years during 2014, boosted by replacement activity among large-scale buyers who are cycling older units out of their fleets. But while the growth is a sign that commercial buyers see economic opportunity ahead, the piecemeal approach to acquisitions will hold the industry back from returning to previous heights, industry experts said.

March 2, 2015
Business

Medium-Duty Truck Sales Edge Up in November

Medium-duty truck sales in the United States cooled in November, edging up 0.7% from a year earlier but falling 23.3% from the previous month, WardsAuto.com reported.

December 22, 2014
Business

US Class 8 Fleet Expands to Largest Size on Record

The U.S. heavy-duty truck fleet grew to its largest size on record during the first quarter, expanding 3.2% from a year earlier, IHS Automotive reported.

May 28, 2014
Business

Medium-Duty Sales Up 21.3% in April to Highest Total in 6 Years, Ward’s Says

Medium-duty truck sales rose in April to the highest level in six years, WardsAuto.com reported, as pent-up replacement needs and strength in key sectors of the economy helped boost demand.

May 19, 2014
Business

Used-Truck Prices Set Record as Newer Models Hit Market

Used heavy-duty truck values have hit record highs this year as lower-mileage models command high prices, industry analysts said.

March 10, 2014
Business

September Medium-Duty Sales Up 3.9% as Ford Boosts Its Class 6 Market Share

Medium-duty truck sales rose 3.9% in September compared with a year earlier, but the month’s total of 12,524 was the industry’s lowest since February, according to WardsAuto.com.

October 21, 2013