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Registrations of new light and medium commercials are currently
falling less than heavier vehicles
In the year to date through week 15, US registrations of Class
1-3 trucks -- vans, pickups (non-luxury), cab-chassis and straight
trucks - have fallen just 3% year-over-year (YoY) compared to the
same period of 2019
Week over week (WoW), new registrations in the same three
weight classes posted a decline of just 14% in week 15 compared to
week 14
Commercial vehicles in Class 4-5, for their part, showed upward
movement both WoW and YoY through week 15, with a 26% WoW gain last
week and a 9% rise in new registrations in the year to date
(YTD)
Meanwhile, registrations of Class 6-8 new commercial trucks
fell 37% WoW through week 15 and 34% YoY in the YTD
