Top 5 Heavy Duty Truck Manufacturers In The World 2016

In the United States, the authority brands for the market are Kenworth and Peterbilt. They are both manufactured by PACCAR, an American based company that has a dealer network of over 1,800 locations in more than 100 countries. Though Freightliner Trucks and Volvo sell more trucks annually, Peterbilts and Kenworths are generally regarded as the most desirable big rigs. Peterbilts are know as the "Harley Davidson" of trucks while Kenworths are seen as more affordable, yet still premium, option.

Peterbilt's biggest advantage is resale value. You’re paying for a quality brand name that people will pay for again and again. I’ve seen owners buy a Pete, use it for years, and sell it for more than they paid! You can’t ask for a better investment. You do have to be careful though, some of the newer models have not held up quite as well in the resale market.

Peterbilt's biggest advantage is resale value. You're paying for a quality brand name that people will pay for again and again. I've seen owners buy a Pete, use it for years, and sell it for more than they paid! You can’t ask for a better investment. You do have to be careful though, some of the newer models have not held up quite as well in the resale market.

Trucks falling with the Model Years 2005 through 2016, the following manufacturers ranked the most commonly seen on the used truck market so far in 2016:

1. International
2. Volvo
3. Peterbilt
4. Freightliner
5. Kenworth

International
The overall average pricing on used International trucks between model years 2005 and 2016 throughout the past four years increased year over year until 2016. Comparing the first quarter of 2013 to 2014 prices were up 5.4%, between 2014 and 2015 prices rose another 4.8%, but between 2015 and 2016 prices were down 5.3%.

Volvo
Volvo volume grew significantly in 2016 over 2015. Volume was lower in 2013 than 2014 as well showing large year over year variability in market popularity during the first quarter. Thanks to the large increase in 2016 their market share percentage grew making them the second most popular manufacturer on the heavy duty market for Q1 2016.

Peterbilt
In 2015, Peterbilt had the fifth largest volume on the heavy duty used truck market for the first quarter. The volume has nearly doubled since then, making them the third most popular heavy duty truck. With the change in volume year over year, the average prices were impacted as well.

Freightliner
The number of Freightliner trucks available for purchase during Q1 2016 was significantly lower than it has been in the previous three years. Since 2013 volume has decreased on these trucks for Q1, but this year has shown the largest drop. This had a large impact on the drop in market share allowing Volvo and Peterbilt to grow. Freightliner trucks were some of the only ones with an overall average price increase over all four years.

Kenworth
The amount of Kenworth trucks available for sale during Q1 of 2016 was nearly half of the number of remaining manufacturers. There was a spike in volume in both 2014 and 2015 before the drop in 2016. The volume was almost identical between Q1 2014 and 2015. Despite the drop this year, their numbers are not as low as they were back in 2013. Pricing for Kenworth showed increases through all three years.

Source:
http://blog.raneystruckparts.com/uncategorized/which-is-better-peterbilt-or-kenworth
http://intel.equipmentwatch.com/top-5-heavy-duty-truck-manufacturers-market-2016