NASHVILLE, Ind. — FTR Associates has released preliminary data showing June Class 8 truck total net orders for all major North American OEM’s at 15,667 units, a 20.5% increase over the previous month net orders and 90.8% better than June 2009.
June orders reflect an annualized rate of 188,000 units, boosting the annualized rate for the first half 2010 orders to 137,000 units. The figure includes US, Canada, Mexico and exports.
“The increase in order activity is a welcome sign that the recovery for the commercial vehicle industry remains on track. With the stronger order activity, production levels in the third quarter will likely be higher than initially anticipated,” said Eric Starks, president of FTR.
Final data for June will be available from FTR later in the month.
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