HD & MD Orders Combined to Top 70,000 Units in March

Preliminary North America Classes 5-8 net order data show the industry booked more than 70,000 units in 2018’s third month.

“For only the fourth time on record and for the second time in Q1’18, medium duty and heavy duty orders combined to exceed 70,000 units in a month, as activity in both the medium and heavy duty vehicle markets remained strong,” said Kenny Vieth, ACT’s President and Senior Analyst. He continued, “Our preliminary look at North American Classes 5-8 net orders for March show that orders rose 55% year-over-year, 11% above February’s order intake.”

March orders capped the best Classes 5-7 order quarter since Q1’06, when the industry was in the throes of EPA’07 prebuying. “As March is traditionally the strongest month of the year for MD orders, seasonal adjustment takes a bite out of the month’s intake, dropping the relative volume to 23,100 units,” said Vieth.

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