NASHVILLE, Ind. — FTR Associates has released preliminary data showing Class 8 truck total net orders were up 8.3% in August.
Total North American orders came in at 12,337 units. The figure is 16.8% better than last August and hovers near the monthly average seen over the past six months, FTR reports. The figure includes Canada, the US and Mexico as well as exports.
“August net orders for Class 8 vehicles came in about where we expected, very similar to July numbers,” said Eric Starks, FTR president. “We didn’t see any particular reason that they would be substantially different, and we believe for the balance of the year orders will continue to be received at comparable levels. Going forward, a critical point to watch is order activity in October and November, which typically sees a seasonal spike in activity. These months will set the stage for demand in 2011.”
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