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Class 8 orders fall for first time since November: ACT Research

COLUMBUS, Ind. -- Class 8 orders rose above 20,000 units for a sixth consecutive month in March, but fell sequentially for the first time since November, according to ACT Research. March Class 8 net orders totalled just over 22,000 units....


COLUMBUS, Ind. — Class 8 orders rose above 20,000 units for a sixth consecutive month in March, but fell sequentially for the first time since November, according to ACT Research. March Class 8 net orders totalled just over 22,000 units. Medium-duty net orders totalled 15,400 units, a volume just below February and year ago March levels.

“Reflecting healthy economies and perhaps currency strength, Class 8 orders bound for Mexico and Canada rose to levels last seen in late 2011,” said Kenny Vieth, ACT’s president and senior analyst. “Positively, cancellations fell to their lowest levels since (the third quarter of 2010) for the second time in the past three months. Declining cancellation trends in the US and Canada bode well for the future.”

Underlying medium-duty vehicle demand, stronger bus and RV orders month-over-month and year-over-year offset a pullback in step van orders, according to ACT. Classes 5-7 truck orders were flat from February to March.


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