Medium-duty truck sales soar in July

U.S. retail sales of medium-duty trucks – Classes 3-7 – jumped 54.5% in July from the corresponding month a year ago, the largest year-over-year gain since mid-2005 and the biggest sales month this year, WardsAuto.com reported.

 

Medium-duty sales were 24,586 units in July, and the total sold this year through July was 148,103, a 23.9% increase from the same 2009 period, Ward’s said.

 

The year-over-year gain was the biggest since July 2005, when sales grew 54.8% from the previous July.

 

The biggest gain in the new report was in Class 3, which more than doubled from 2009. Class 5 sales increased more than 75%, while Class 6 trucks had a 20.5% sales gain.

 

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