The prediction business is always a tricky one, but ACT Research is undaunted. The company noted that “total North American Class 8 truck production peaked in 2015, with ACT predicting lower demand in 2016 and 2017 followed by recovery.” More specifically, industry pundits see a pre-emission boom in 2019 and 2020, before a sharp drop […]
Used Class 8 truck same dealer sales volumes continued to show volatility in August, yet remained on a positive trend, including a 19% increase over July. Enhanced by the latter, long term comparisons show 2016 being off by only 2% year-to-date, according ACT Research. “Higher than normal late summer sales could signal truck buyers are […]
Class 8 net orders rose to a three-month high of 14,200 in August, aided in part by cancellations, which fell to a 33-month low. From a broader perspective, seasonally adjusted, Class 8 orders according to ACT Research were the best since March at 16,000 units. Medium-duty net orders were up m/m, totaling 17,100 units, in-line […]
The latest news on trailer sales looks good at first glance, but still disappoints. How? Trailer net orders rose 52% month over month in August, but contracted a disappointing 37% year over year, according ACT Research. “Much of August’s improvement came from large fleet volume, and the gains were not evenly spread across the competitive […]
October saw a record demand for the trailer industry, with 47,810 net orders placed, according to ACT Research. “October net orders were up more than 90% year over year,” said Frank Maly, Director – CV Transportation Analysis and Research at ACT. “While high order volumes normally require large fleet support,” he noted, “October saw significant […]
The volume of used Class 8 trucks sold in June rose 10% above May’s volume, according to ACT Research. “June’s performance was a little counterintuitive, given that sales usually slow in the summer months, “ said Steve Tam, Vice President-Commercial Vehicle Sector with ACT. “While one month does not make a trend, it is a […]
