January Truck Orders In Line With Expectations - Tire Review Magazine

January Truck Orders In Line With Expectations

North America Class 5-7 and Class 8 commercial vehicle preliminary net orders for January were generally in line with expectations, according to ACT Research Co.

The final order results, which will be released mid-February, will approach 25,200 units for heavy duty Class 8 trucks and 13,500 for medium duty Classes 5-7 vehicles. The preliminary net order numbers are typically accurate to within 5% of actual.
 
“There were no surprises with the level of order intake in January,” said Kenny Vieth, president and senior analyst for ACT Research. “The preliminary net orders for both Classes 5-7 and Class 8 support our forecasts for production in 2012.”

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