North American Class 8 retail sales firmed into the end of 2016 in seasonal fashion, rising to a six-month high 21,281 units sold, and bringing the full-year sales total to 249,952 units. Set against strengthening orders, noted ACT Research, “seasonal production weakness reduced December build to 14,145 units, leaving the full-year NA Class 8 production tally […]
The holiday spirit certainly did not extend to Class 5-8 orders, which sunk 24% year over year in December. Let’s go to the data: According to ACT Research, in December, preliminary North America Classes 5-8 net order data show the industry booked 42,000 units, bringing the full-year net order tally to 415,600. “Demand for Class […]
Used Class 8 truck same dealer sales increased again in November, recording a 1% month-over-month increase, according to the latest research. Historically, according to ACT Research, November sales volumes fall below average; however, this year it bucked the trend with a 37% increase year-over-year. “This unexpected bump was enough to move year-to-date comparisons out of […]
Class 8 net orders moved upward in November, following the weak, cancellation heavy numbers reported last month. November new orders totaled 21,108 units, with the net at 19,440 units. “In addition to rising 40% from October, November marked the first positive y/y net order report in 22 months,” said Jim Meil, ACT Research Principal and […]
The latest release of For-Hire Trucking Index from ACT Research shows that the modest improvements in the past few months continued in November, with the pricing index inching forward to its highest reported number in the past twelve months, with a reading of 55.1. “The improvement in pricing reflects generally better economic reports the past […]
For the month of November on a preliminary basis, classes 5-8 order data shows the industry booked 36,600 net orders. “Class 8 net orders rebounded to 19,500 units for the month,” said Kenny Vieth, ACT’s president and senior analyst. “This follows cancellation-impacted October net orders of 13,900 units. But for cancellations, Class 8 net orders […]
