ACT Research: Commercial vehicle orders slow to lowest total in four years
COLUMBUS, Ind. — The month of June saw just 28,300 new Class 5-8 vehicle orders, according to the preliminary data published by ACT Research.
This is the lowest total in four years, according to the research group.
“The pace of commercial vehicle orders slowed in seasonal fashion into the first month of summer,” said Kenny Vieth, ACT’s president and senior analyst. “June’s MD & HD net order total volume was the lowest monthly order total since July 2012. Seasonally adjusted, at 31,500 units, it was the lowest total since September 2012.”
Regarding Class 8 vehicles, Vieth said: “Despite increasingly easy year-over-year comparisons, Class 8 vehicle orders continued to lose traction in June with orders slipping to 13,100 units. The last time actual Class 8 orders were this low was Q3’10.”
For more information on ACT, please go to www.actresearch.net.
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