U.S. sales of medium- and heavy-duty trucks plummeted in October. The sector hasn't had a monthly sales increase since January. A total of 32,313 medium- and heavy-duty trucks were sold last month, down 38.1 percent from October 2006.
Heavy-duty Class 8 trucks suffered the most as sales dropped 53.1 percent to 11,769. Class 5 trucks had the best month for the segment; sales dipped a more modest 8.1 percent to 3,278.
Through the first 10 months, sales in classes 4-8 were down 29.0 percent to 341,221.
Freightliner was hit hardest by declining sales of Class 8 trucks. Its sales in the class fell 65.0 percent in October. Freightliner's total sales were down 49.6 percent to 5,562.
Ford Motor was the October and year-to-date sales leader. For the month, it posted a 22.2 percent drop in sales to 7,662. Ford's sales were hurt by its heavy reliance on its Class 4 trucks, which dropped 28.4 percent to 4,261 last month.
International was the runner-up for most sales in October. But its sales were down 42.8 percent, totaling 7,246 trucks in classes 4-8.
Through October, Freightliner is down 36.2 percent; International is down 39.4 percent.
Ford's 1.6 percent gain made it the only truckmaker to post a year-to-date sales increase.