Truck dealers experienced an overall sales gain in February, the result of continued demand for light-duty trucks. However, heavier models purchased for commercial applications were off sharply.
According to figures compiled by Wards Communications, dealers sold a total of 628,031 trucks during the month, up 2.5% from February 2001. Class 1, 2, and 3 sales each had increased sales during the month, increasing 1%, 7%, and 71%, respectively.
That’s the good news. The bad news is that sales were down from Class 4 through Class 8. Specifically: Class 4, off 28%; Class 5, down 12%; Class 6, a 33% decline; Class 7, slipping 19%, and Class 8, falling 20%.