COLUMBUS, Ind. — North American net orders of Class 8 trucks surged to 25,500 units in December, marking a year-over-year increase of 115% according to ACT Research.
While the numbers are preliminary, they are typically accurate to within 5%.
“The industry closed 2010 with a string of three strong months of net orders. With nearly 71,000 orders booked, the fourth quarter was the best quarter for Class 8 vehicles since the second quarter of 2006,” said Kenny Vieth, president and senior analyst. “The ramp up in demand is consistent with the up-cycle we have been forecasting for over a year and confirms production levels will increase significantly in 2011.”
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