November’s Class 8 truck orders disappoint: ACT Research
COLUMBUS, Ind. — Final numbers for Class 8 orders in November confirmed a disappointing tally, according to ACT Research.
After a “high side surprise” in October, Class 8 orders provided a “low side disappointment” in November. Net orders for Class 8 trucks totaled just 21,255 units.
Classes 5-7 orders came in at 18,407 units, up 28% year-over-year.
“Class 8 orders for the US and Canada have generally outperformed their year-ago results,” said Kenny Vieth, president and senior analyst at ACT Research. “In contrast, export orders have fallen 26% year over year and orders for Mexico have slowed sharply in the year’s second half. For medium-duty, November is typically a weak order month, but seasonally adjusted November orders of 19,100 units were the second best volume this cycle.”
Have your say
This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.