As per reports from ACT Research, preliminary demands for class 4-8 trucks have been extremely promising in the past 2-3 months. While sales figures for class-8 trucks crossed the mark of 40,000 units, those for medium-duty trucks also surged up to 26,400 units in a single month of June.
The Most Interesting Sales Trends:
With growing demands for heavy-duty and medium-duty trucks, there has been a consistent pressure on the production chain. Despite these robust growth signs, there have been serious constraints.
However, manufacturers are battling it with increased slot and build schedules. In this regard, leasing option and used trucks add more flexibility in the equipment replacement for truckers and it helps in tackling the market shortages with efficiency.