ACT Research seminar explores equipment demand, Covid impact and economic recovery

COLUMBUS, Ind. – The Covid-19 pandemic may accelerate medium-duty truck penetration, while slowing electric vehicle adoption. Those were a couple observations shared at ACT Research’s recent three-day virtual seminar. “Whether…

ECONOMIC WATCH: 2021 to be ‘transition year’ for economy, CV demand

COLUMBUS, Ind. – In its North American Commercial Vehicle Outlook, ACT Research predicts 2021 will be a transition year for global economies and North American commercial vehicle demand. “Without clear…

ECONOMIC WATCH: April Class 8 orders plummet 46% from March

COLUMBUS, Ind. – Class 8 net orders plummeted to 4,100 units in April, according to preliminary data from ACT Research, down 46% from March and 72% year-over-year. “April represents the…

New truck orders remain strong through February

Preliminary data shows February was another strong month for Class 8 truck orders, coming in at about 31,000 units. February order activity was 12% below January’s numbers but at a…