COLUMBUS, Ind. — As the Class 8 truck market continues to heat up, the North American backlog has now reached nearly 100,000 units.
Net orders for Class 8 vehicles reached 24,300 units in February, pushing the backlog to nearly six figures. One year ago, the backlog was just over 44,000 units, according to ACT Research Company. The industry researcher and forecaster says the numbers are a reflection of strong Class 8 demand as the economy continues to improve. Class 8 orders over the past few months are being booked at a rate that exceeds 300,000 units when annualized, ACT notes.
“The uptick in orders continues to restock industry backlogs, setting the stage for significant production increases as we move through 2011,” said ACT senior partner and g.m. Ken Vieth.
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