COLUMBUS, Ind. — April saw healthy medium-duty truck orders and weak demand for Class 8 trucks, according to the latest State of the Industry report from ACT Research.
Class 8 orders were down 16% month-over-month and 39% year-over-year in April, totaling 13,676 units. Medium-duty net orders were 20,880 units, down 7% month-over-month but up 16% from April 2015.
“For Class 8, US tractors and the Canada market continue to represent the weakest market segments, while orders from Mexico remained the brightest spot,” said Kenny Vieth, ACT’s president and senior analyst. “Cancellations dropped to a 23-month low, however. April was the third consecutive month in which cancellations and the cancellation rate declined.”