Canada Truck Sales Slump in January
Most Canadian big-truck groups saw deliveries decline last month, including classes 6 and 7, which slipped 23.9% and 30.9%, respectively.
February 14, 2013
Medium- and heavy-duty truck sales in Canada fell 12.4% on a daily basis in January vs. year-ago, as three of five classes posted declines, WardsAuto data shows.
Class 8 slipped 12.4% due to losses at nearly every manufacturer in the group. Volvo Truck’s 35.1% drop was the biggest in the segment last month.
Class 8 volume leader Daimler also posted a decline, as sales of its Freightliner brand fell 22.7%.
PACCAR’s Peterbilt was the lone gainer, up 22.9%, tempering the 19.1% loss at the truck maker’s Kenworth brand.
Medium-duty sales dipped 12.3% in January, impacted by shortfalls of 30.9% and 23.9% in Classes 7 and 6, respectively.
Despite a 132.4% jump by Hino, Class 7 deliveries fell due to declines at volume leaders International, down 36.0%, and Freightliner, off 72.5%.
Freightliner also posted the largest drop in Class 6, down 75.1%, while volume-leader International’s results were flat with year-ago.
PACCAR’s Peterbilt brand posted a triple-digit percentage increase in Class 6, but on low volume.
Class 5 sales rose 2.6%, due to positive performances by Ford and International. Ford snatched the volume-leader title from Chrysler for the month, selling 165 units, up 55.3% from year-ago.
International posted the biggest increase in Class 5, up 83.3%. Freightliner deliveries plunged 72.6% on just two units sold.
Credit for Class 4’s 10.7% hike goes to Ford, which added 24 units to its year-ago tally, good for a 47.2% gain.
On a volume basis, combined sales of medium- and heavy-duty trucks in Canada fell 8.7% to 2,682 units in January compared with 2,938 in like-2012.
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