COLUMBUS, Ind. — Net orders for Class 8 trucks in North America totaled 38,100 units in April, up 31% from March levels and 157% year-over-year.
The strong demand has pushed the backlog to a 55-month high of 126,000 units, ACT Research has announced.
April orders represented the strongest demand since March 2006.
“Of April’s orders, 70% were scheduled for build by the end of Q3. Needless to say, open build slots remaining in 2011 are filling rapidly,” said Kenny Vieth, president and senior analyst. “At current fill rates, the 2011 build schedule could be completely filled by sometime in July. As has been the case throughout 2011, the industry’s challenge is ramping up production. The industry’s ability to build trucks, rather than demand for trucks will be the constraining factor on Class 8 production this year.”
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