Work Truck Solutions® released its Q3 2024 Commercial Vehicle Market Analysis today. While the commercial vehicle market overall continues its recovery, the interplay between new and used truck segments reveals a series of subtle yet significant indicators that warrant attention.
“The commercial vehicle market is revealing some complex dynamics this quarter,” said Work Truck Solutions CEO Aaron Johnson. “While new truck inventory is steadily climbing, we’re not seeing the corresponding surge of on-lot inventory in the used truck segment. This lag is expected, as it takes time for new trucks to enter the used market, especially considering the lingering effects of past supply chain disruptions.”
