Preliminary Trailer Sales Plummet in April
May 19, 2023
Trailer orders fell off a cliff in April compared to March’s numbers, according to preliminary data.
Consumers bought an estimated 10,000 trailers during April, according to a May 16 ACT Research report, representing a 41 percent drop from March and a whopping 49 percent drop from April 2022’s numbers.
“Seasonal expectations called for orders to pull back in April, particularly given the near record-level order backlogs and supply-chain challenges being experienced by the industry,” stated Jennifer McNealy, ACT’s director of CV market research and publications.
McNealy projected the trailer backlog to decrease “by around 16,500 units to about 213,000 units” once the final data for the month are released.