NASHVILLE, Ind. — Class 8 order activity was up significantly in March, according to the latest figures from FTR Associates.
The industry analyst reports Class 8 total net orders totaled 10,505 units in March, 35.9% higher than February and 21.1% better than last March. The preliminary figures are also the highest yet for 2010, FTR reports. They include orders for the US, Canada, Mexico and exports.
“Each month in 2010, we have seen an improvement in orders for Class 8 vehicles, which is certainly encouraging,” said Eric Starks, FTR president. “However we have not changed our overall outlook for 2010. We believe the combination of excess capacity and the impact of the EPA mandate will hold Class 8 equipment demand this year essentially flat compared to 2009.”
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