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 […]
Class 8 net orders continued to move sideways for the third consecutive month in October at 13,907 units. Seasonally adjusted, October’s orders were weak at 12,060 units. “The driving factor behind the weak net orders number was an unusually high level of cancellations booked in the month (8,610),” said Jim Meil, ACT Research Principal and […]
Class 5-7 net orders in North America are expected at 18,000 units (±5%) and Class 8 orders are expected at 21,200 units (±5%) according to ACT Research. Actual data are released mid-month. “The ‘Great OK’ continued for Classes 5-8 commercial vehicle orders placed in November,” said Steve Tam, ACT’s Vice President – Commercial Vehicle Sector. […]
