Classes 5-8 Demand Healthy in September

Demand for commercial vehicles remained healthy in September as 43,300 total NA Classes 5-8 orders were booked, up 21% from a year ago and basically unchanged since August.

Over the past twelve months, NA Classes 5-8 net orders have totaled 540,000 units. That cumulative order volume represents the strongest 12-month period of NA Classes 5-8 order placement since the twelve months ending November 2005.

“Class 8 orders continued to be booked ahead of seasonal expectations,” said Kenny Vieth, ACT’s President and Senior Analyst. “Historically, September is the second weakest month of the year for Class 8 orders, so some moderation was expected. During the month, 29,400 Class 8 orders were placed, down 500 units from August, but up 32% compared to last September,” he added.

Source: ACT Research

Category: General Update, Management