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New Vehicle Registrations Down 38.7 Percent in Third Quarter

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"A reflection of continued softness in the commercial market and downward pressure on demand, new registrations for commercial vehicles during the third quarter were down 38.7 percent from the 2008 period, according to the September issue of Polk Commercial Vehicle Solutions' Commercial Vehicle Market Intelligence Report," the Web site Truckinginfo.com reported. " As a result, Polk has reduced its Index of U.S. Commercial Vehicle Activity for the 2009 calendar year by 9,000 units, with the forecast that 2009 will end at about 323,000 units. In the June report, Polk had predicted new registrations for 2009 would end at about 332,000 units."
SOURCE:   Truckinginfo.com

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