DAILY NEWS Dec 20, 2013 4:19 AM - 0 comments

November's Class 8 truck orders disappoint: ACT Research

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2013-12-20

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.”


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