This statistic represents the number of trucks sold in the United States from 1951 through 2012. In 2006, approximately 9.29 million of such motor vehicles were sold in the United States.
Truck sales in the United States
In 2012, sales of trucks accounted for about half of the almost 15 million vehicles sold to customers in the United States. Manufacturing companies sold almost twice as many trucks and commercial vehicles here than in any other country in the world, making the US the world’s largest market for commercial vehicles by sales.
According to the Oak Ridge National Laboratory, there are eight different classes of commercial vehicles based on vehicle weight, with class eight trucks being the heaviest. The first two groups comprise vehicles such as vans and pickup trucks, while sleepers, truck tractors and dump trucks are categorized as heavy trucks. Between 2008 and 2013, the global market for heavy-duty truck manufacturing grew at an annual growth rate of 0.6 percent to reach a market size of 270 billion US dollars. Although shaken by a dramatic decline in sales between 2010 and 2012, China continues to lead the market for heavy trucks.
In terms of truck manufacturing, Asian suppliers have been gaining market share since 2006, at the expense of US-based companies such as Paccar, Navistar International and the Ford Motor Company. In 2010, the world’s leading five truck manufacturers included Germany’s Daimler, Mumbai-based Tata Motors and Wuhan-headquartered Dongfeng, as well as its closest Chinese rivals: First Automotive Works (FAW) and China National Heavy-duty Truck Corporation (CNHTC). In May 2013, the European Commission approved a tie-up between Sweden-based Volvo Trucks and the Dongfeng Motor Corporation. The two companies are believed to form the largest manufacturer of heavy-duty commercial vehicles worldwide.