Class 8 net orders were lukewarm in September with a trivial rise, signaling that the historically weak season is coming to an end. Seasonally adjusted, September’s orders were at 16,100 units. “October kicks off the traditional high volume fourth quarter, when fleets and OEMs nail down commitments for the upcoming model year,” said Jim Meil, […]
For the month of September, 13,900 Class 8 vehicle net orders were booked. “Owing to September’s dubious distinction as the weakest net order month of the year, seasonal adjustment boosts the month’s intake to 16,100 units,” said Steve Tam, ACT’s Vice President. Tam Continued, “At 28% below September 2015’s intake, it remains crystal clear that […]
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 […]
Class 8 net orders were just over 31,100 units in January (up 7% y/y) and Classes 5-7 posted 19,700 net orders (up 2% y/y). Kenny Vieth, ACT’s President and Senior Analyst, noted that February’s Class 8 orders marked the 25th consecutive month of year-over-year gains. “Although February’s order volume qualifies as the weakest month in […]
Medium and heavy duty classes 5-8 orders were strong in October, with Class 8 nearly breaking the all-time record for the industry. According to ACT Research, total net orders for Class 8 were 45,978 units, up 76% year over year and the second best in the history of the industry, bettered only by March 2006 […]
