Cargo Vehicle Sales at Their Peak: Pre-Purchase Effect?

T21 Media — Thu, 08 Aug 2024 23:10:49 +0000

The retail sales figures for cargo vehicles reflect the good moment that the industry is experiencing, not only for the month of July, but in the accumulated cycle of the first seven months.

According to periodic data released by the National Association of Bus, Truck and Tractor Producers (ANPACT) , in July 2024, 4,339 cargo units were moved, which ranks it as the best July since 2018, and that When compared against the same cycle in 2023, it translates into an increase of 16.7 percent.

The rest of the cargo segment stood at 1,635 vehicles, which represented an increase of 21.4% compared to the same cycle in 2023, and where Class 8 stands out, which contributed 1,212 units, with an advance of 25.9% compared to the period. reference.

By January 2025, the Official Mexican Standard NOM-044-SEMARNAT-2017 will be updated, referring to pollutant emissions from diesel engines, where the Euro VI / EPA 10 binomial will be the current one, thereby ceasing to market the Euro binomial. V / EPA 07. This event has been identified by various industry players as a driver of pre-purchase by carriers.

Representatives of various brands that market cargo vehicles have identified that the pre-purchase phenomenon will not be as profound as in other technological changes, but there will be companies that anticipate their purchases so as not to face the change in technology.

In addition to the above, after having an industry in the heavy duty segment close to 24 thousand units due to the COVID pandemic, when the industry was around 35 thousand vehicles, in subsequent years it has not been possible to recover those more than 10 thousand units , which adds to economic growth and the need for renewal of the industry.

The above phenomena are disruptive to the sales of cargo vehicles, which achieved the best figures since 2018, according to ANPACT information.

Regarding wholesale sales, in July the cargo segment moved 4,570 units , this is an increase of 16.9% compared to the seventh month of 2023.

The sale of wholesale tractors reached 2,513 units , 15.6% above the 2023 benchmark. Class 8 trucks reached 1,295, 20.1% more than in July 2023.

In this way, wholesale sales accumulated as of July in the cargo segment were 27,666 units (+9.8% vs Jul-23), of which 15,596 (+18.4%) were tractor trucks, while Class 8 was located with seven thousand 308 (+4.4%).

Comment and follow us on X:@GrupoT21

El cargo Cargo Vehicle Sales at Their Peak: Pre-Purchase Effect? apareció primero en T21.

HEAVY VEHICLES SALES archivos - T21

Cargo Vehicle Sales at Their Peak: Pre-Purchase Effect?