Printer Friendly

MVMA REPORTS NOVEMBER TRUCK SALES

 MVMA REPORTS NOVEMBER TRUCK SALES
 DETROIT, Dec. 9 /PRNewswire/ -- Franchised dealers of U.S. truck


manufacturers sold 289,763 units in November, according to a preliminary report issued today by the Motor Vehicle Manufacturers Association of the United States, Inc. (MVMA).
 Retail sales for the month of November ran 2.1 percent below the 295,876 units sold for the month a year ago. This marks the lowest November sales since 1986, when 270,890 trucks were sold.
 November sales were at a seasonally adjusted annual rate of 3,892,000 units, a 1-percent decrease from the November 1990 seasonally adjusted rate of 3,931,000 units.
 Preliminary New Truck Sales by Gross Vehicle Weight Rating
 (Including Domestic-Sponsored Imports and
 All Imports over 10,000 pounds G.V.W.R.)
 1991/1990 1991/1990
 November Percent Year to Date Percent
 Vehicle 1991 1990 Change 1991 1990 Change
 Classification
 Class I 210,334 207,910 +1.2 2,498,052 2,666,550 -6.3
 Class II 62,999 67,953 -7.3 794,434 1,028,244 -22.7
 Class III 1,751 1,722 +1.7 19,490 18,963 +2.8
 Class IV 1,582 1,679 -5.8 21,893 25,703 -14.8
 Class V 275 274 +0.4 2,990 4,833 -38.1
 Class VI 1,333 2,768 -51.8 20,427 35,273 -42.1
 Class VII 4,117 5,224 -21.2 67,075 79,373 -15.5
 Class VIII 7,372 8,346 -11.7 88,329 110,919 -20.4
 TOTAL 289,763 295,876 -2.1 3,512,690 3,969,858 -11.5
 MVMA is the trade association for domestic motor vehicle manufacturers. Its seven member companies build 92 percent of U.S.-made motor vehicles. Members are: Chrysler Corporation; Ford Motor Company; General Motors Corporation; Honda of America Mfg., Inc.; Navistar International Transportation Corp.; Paccar Inc.; and Volvo North America Corporation.
 -0- 12/9/91
 /NOTE: As a guideline, trucks are generally referred to as light, medium or heavy, according to the following Gross Vehicle Weight categories:
 Light-Duty Trucks:
 Class I -- 0-6,000 lbs.;
 Class II -- 6,001-10,000 lbs.;
 Class III -- 10,001-14,000 lbs.
 Medium-Duty Trucks:
 Class IV -- 14,001-16,000 lbs.;
 Class V -- 16,001-19,500 lbs.;
 Class VI -- 19,501-26,000 lbs.;
 Class VII is 26,001-33,000 lbs.
 Heavy-Duty Trucks:
 Class VIII -- 33,001 lbs. and over.
 CONTACT: Gene McKinney or Bob Roach of MVMA, 313-872-4311/ CO: Motor Vehicle Manufacturers Association ST: Michigan IN: AUT SU:


SB -- DE012 -- 0650 12/09/91 15:14 EST
COPYRIGHT 1991 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Dec 9, 1991
Words:434
Previous Article:CRIIMI MAE DECLARES FOURTH QUARTER 1991 DIVIDEND
Next Article:AT&T ANNOUNCES NEW SERVICE FOR DEAF, HARD OF HEARING AND SPEECH-IMPAIRED RESIDENTS OF PENNSYLVANIA
Topics:


Related Articles
NISSAN REPORTS NOVEMBER SALES
MVMA REPORTS DECEMBER TRUCK PRODUCTION
MVMA REPORTS JANUARY NEW TRUCK SALES
MVMA REPORTS NEW TRUCK SALES FOR MARCH
MVMA REPORTS MAY TRUCK SALES
MVMA REPORTS APRIL TRUCK SALES
MVMA REPORTS 440,204 NEW TRUCK SALES FOR JUNE
MVMA REPORTS PRELIMINARY NEW TRUCK SALES FOR JULY
MVMA REPORTS PRELIMINARY NEW TRUCK SALES FOR AUGUST
MVMA REPORTS NEW TRUCK SALES FOR SEPTEMBER

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters