NASHVILLE, Ind. — North American Class 8 net orders were up for the fourth consecutive month in September, according to preliminary figures from industry forecaster FTR Associates.
The North American OEMs totaled 10,817 units in orders in September, the report says, which marks the fourth consecutive month-over-month gain. The total includes orders for the US, Canada and Mexico as well as exports.
Year-to-date orders are now 5.2% better than last year, according to FTR, marking the first year-over-year improvement since June 2008.
“FTR still believes that any increases we are seeing now are partially driven by abnormal industry activity ahead of 2010 EPA emissions mandate,” noted FTR president Eric Starks. “The data we track does not support any significant purchasing activity driven by increased freight demand any time soon.We continue to advise our clients to expect a continued soft recovery at least through 2010.”
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