June Classes 5-8 Preliminary Net Orders Strong
Demand for commercial vehicles remained at healthy levels in June as 41,300 total NA Classes 5-8 orders were booked, according to ACT Research.
Since the start of the period of stronger orders last October, NA Classes 5-8 net orders have been booked at a 541,900 unit annual rate.
“With seasonal tendencies dampening expectations, NA Class 8 net orders surprised on the high side in June at 26,600 units,” said Kenny Vieth, ACT’s President and Senior Analyst.
“That volume,” he continued, “marked an improvement of 2% from May and 41% compared to year-ago June. Seasonal adjustment boosts June’s Class 8 order total to 29,200 units/351k SAAR.”
Category: Featured, General Update, Vehicles
Subscribe
If you enjoyed this article, subscribe to receive more just like it.
