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-0.000368973433912772 -0.000450967530337872 0.000696949819612937 -0.000491964578550363 -0.000901935060675627 -0.00147589373565109 -0.000614955723187954 -0.000573958674975462
Stock impact report

Used Class 8 truck sales jump in December as prices rise to $57,135 [Yahoo! Finance]

PACCAR Inc. (PCAR) 
Last paccar inc. earnings: 1/28 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: paccar.com/investors
Company Research Source: Yahoo! Finance
Preliminary same-dealer retail sales of used Class 8 trucks increased 12% month over month in December, outperforming typical seasonal expectations that called for a 9% gain, ACT said in its State of the Industry: U.S. Classes 3-8 Used Trucks report. Total reported preliminary sales were 22% higher than November, aided by a sharp jump in auction volumes. For carriers and small fleets that rely on the used market rather than new equipment purchases, the December rebound could mark the beginning of the end of a buyer-friendly cycle. Auction sales rose 50% month over month, while wholesale activity declined for a second consecutive month, falling 7%, according to ACT Vice President Steve Tam. The diverging trends highlight an uneven recovery, with buyer interest returning selectively rather than broadly across all channels. “The preliminary average retail price of used Class 8 trucks rose month-to-month for the first time in five months in December, advancing 8.0% month-to-month Show less Read more
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