Los datos del Sistema Ryder sobre las ventas de automóviles usados mostraron un cambio significativo año tras año, según las ganancias del cuarto trimestre de la compañía publicadas el miércoles por la mañana. Que los datos de Ryder se consideran un indicador principal de la fuerza del mercado de...
used vehicle sales
First look: Ryder data offers mixed signals on strength of used vehicle market
Ryder System’s data on used car sales showed a significant change year on year, according to the company’s fourth-quarter earnings released Wednesday morning. That Ryder data is considered a leading indicator of the strength of the used vehicle market. The company only sold 4,700 vehicles during the quarter, compared to 7,200 a year ago. Third-quarter sales also were 4,700 units.
The used vehicle price obtained by Ryder (NYSE: R) was down 13% for tractors and 12% for trucks year on year....
Ryder sees weak market for used vehicles lingering, and it has a lot of them
Having sold 6,300 used vehicles in the second quarter gives Ryder Systems a front-row seat to the strength of the used truck market, a perspective that CEO Robert Sanchez shared with analysts on the company’s second-quarter earnings call Wednesday.
Ryder’s earnings are impacted significantly by its proceeds from used truck sales. The relatively weak second quarter the company turned in, however, appears to be far more of a function of a big slide in demand for its leased vehicles under its...