Commercial truck orders remain “OK” in November: ACT
COLUMBUS, Ind. – Class 8 truck orders remained above 20,000 units in November, according to preliminary results from ACT Research.
Classes 5-7 orders came in at 18,000 units and Class 8 orders totaled 21,200 units, ACT reported.
“The ‘Great OK’ continued for Classes 5-8 commercial vehicle orders placed in November,” said Steve Tam, ACT’s vice-president, commercial vehicle sector.
After posting the best order month since February 2008 in October, November’s Classes 5-7 vehicle preliminary orders exceeded trend and expectations, ACT reported.
Compared to a year ago, medium duty orders were up 26% in November and 11% YTD. Class 8 net orders, which had spiked to their highest level in nearly two years in October, retreated in November. November’s Class 8 order volume represents gains of 6% compared to last November and 13% YTD.
Have your say
This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.