Rush Reports 18.9% Uptick In Aftermarket Products, Services Sales

Rush Enterprises’ aftermarket products and services revenue rose 18.9% to $469.08 million in the fourth quarter of 2020. Sequentially, aftermarket products and services revenue was essentially flat, which is somewhat of an improvement considering there were fewer working days in the fourth quarter than the third quarter.

“Supply constraints limited our parts and service sales growth somewhat in 2021, and while conditions improved in the fourth quarter, we expect that parts supply chain constraints will extend through at least the middle of 2022,” said Rusty Rush, chairman, president and CEO of Rush Enterprises. “That said, we expect strong demand for aftermarket parts and services throughout the year. With a continued focus on adding technicians throughout our network and leveraging our existing aftermarket strategies at our new dealerships, we believe our aftermarket products and services growth will meaningfully outpace the industry in 2022.”

San Antonio-based Rush Enterprises owns and operates Rush Truck Centers, which is billed as the largest network of commercial vehicle dealerships in North America with 139 locations across 23 states, including 125 franchised dealership locations.

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