The demand for commercial vehicles was positive for June with 41,300 total Class 5-8 orders made, according to ACT Research.
A trend of stronger orders began last October with Class 5-8 net orders averaging an annual unit rate of 541,900, the firm reported.
The company noted that Class 8 orders were on the higher side at 26,600 units, while Class 5-7 have slowed during the past two months to 14,700 units.
“With seasonal tendencies dampening expectations, N.A. Class 8 net orders surprised on the high side in June at 26,600 units,” said Kenny Vieth, ACT’s president and senior analyst.
“Given that June is typically a soft order month, seasonal adjustment boosts the month’s medium-duty order intake to 15,600 units/187k SAAR, representing the weakest order intake (SA) since December,” Vieth also noted, “Over the past six months, Classes 5-7 net orders were booked at a 214,600 units SAAR. Over the past 12 months, actual orders have totaled 209,600 units.”