Class 8 Orders YTD Total 468,600 Units, Down 15% YoY

“Through year-to-date November, Class 8 orders have totaled 468,600 units, an average monthly order intake of 42,600 units per month,” said Steve Tam, ACT’s Vice President. He continued, “November typically has a slightly above average order seasonal factor, and as such, actual data is moderately lower when seasonally adjusted. Seasonal adjustment drops November’s order intake to 26,800 units, down 29% from October.”

About medium duty orders, Tam commented, “Disaggregation of the medium and heavy duty markets reveals that medium duty order activity perpetuated its trend-like bias in November, with orders for 25,100 vehicles besting short and long-run averages.” He added, “Over the course of the past six and twelve months, medium duty orders have averaged 24,000 and 24,900, respectively.”