Class 8 orders off to a strong start in 2015

FTR Class 8 orders for January 2015BLOOMINGTON, IN – It was the strongest January in nearly 10 years for Class 8 truck sales.

Preliminary data from consulting firm FTR showed North American net orders for Class 8 trucks at 35,060 units. It’s the strongest activity for January since 2006 – an improvement of 2% year-over-year.

According to FTR, orders fell back into more traditional patterns with most, but not all, OEMs continuing their strong order momentum. Class 8 orders have totaled 377,000 over the past 12 months.

Don Ake, FTR’s vice president of commercial vehicles, said that while January’s orders were the lowest in the last four months, the market remains very robust.

“Fleets are now trying to determine their requirements for the entire year and then place orders accordingly,” he said. “With limited build slots available, they have to be more strategic in their buying decisions. We should see more normal ordering cycles for the next few months.  The orders this month continue to support the strong FTR forecast and are right in line with our expectations.”

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