Nov. Preliminary Class 8 Orders down 60% YoY
For the month of November, North American Class 8 vehicle net orders were 16,600 units, down nearly 60% from a year ago, according to preliminary information by ACT Research. The trend follows the same pattern as last month, when Class 8 orders were off 37% year-over-year. “Unfortunately, little of the decline can be accounted for
Class 5-7 Orders Up, Class 8 Down
August offered “several eyebrow-raising data points” for Class 8 truck orders, according to Kenny Vieth, president and senior analysis at ACT Research. He pointed out a second consecutive month of off-trend production, cancellations at a 71-month high, and only about 1,000 August orders booked into Q4 build slots. “While some items are more worrisome than
Class 8 Orders Fall in March
Class 8 truck orders were just over 24,600 units for March, according to ACT Research’s State of the Industry report. While seasonally adjusted, this March’s Class 8 orders are the second lowest in 16 months, however, context need to be considered, ACT said. “A 300,000 unit annualized rate of order placement represents solid support for
Commercial Vehicle Demand Ends Year on High Note
Demand for commercial vehicles was healthy in December as 65,700 total North American Class 5-8 orders were booked, up 41% from a year ago, according to ACT Research, a publisher of commercial vehicle industry data, market analysis and forecasting services for the North American market. “December’s 43,900 North America Class 8 net orders mark the
Commercial Vehicle Demand Healthy In October
Medium- and heavy-duty Class 5-8 orders were placed at very healthy levels in October, reported ACT Research in its latest State of the Industry Report. The research firm noted that total net orders for Class 8 were 45,978 units, up 76% year over year. Classes 5-7 net orders were reported to be at 22,453, their
Used Class 8 Sales Down
Total reported volumes of used Class 8 trucks fell 10% month over month and 6% year over year in August, according to the latest report published by ACT Research. “Year-to-date, sales remain down 5%,” said Steve Tam, vice president of ACT’s commercial vehicle sector. “The average selling price of total reported Class 8 trucks remained
ACT Research: Trailer Orders Up 42%
While net orders of trailers for June were off 1% month over month, orders are will up 42% year over year, according to ACT Research. In total June had 22,000 orders. “Strength in June came from specialty trailers, with platforms posting a 42% m/m gain while liquid and bulk tanks both surged over 75% from
Class 5-8 Orders Strong
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
Trailer Orders Up
Trailer net orders are up 52% year over year, according data by the ACT Research Co. ACT’s most study – State of the Industry: U.S. Trailers- found that the industry booked 22,300 net orders for May. “Backlog, build, inventory and shipments were all off from April, but the changes were minimal, all less than 1%