October preliminary net orders for Classes 5-8 improve month-over-month

by Truck News

COLUMBUS, Ind. – ACT Research said that the preliminary order numbers for Classes 5-8 in October were up 14% from September 2015, but down 30% year-over-year.

At 25,200 units in October, North American Class 8 net orders dropped 45% short of last October’s 46,000 orders.

“Remember that October 2014 was the second-best ever Class 8 order month, so the year-over-year comparison was a tough one,” said Kenny Vieth, ACT’s president and senior analyst. “Likewise, the 6,000 unit sequential gain from September to October of this year can be explained by seasonality. When seasonally adjusted, preliminary Class 8 net orders were down 3% from September.”

Classes 5-7 net orders continued strong in October.

“Despite tough comparisons, down 1.8% year-over-year and 0.3% month-over-month, both are within the margin of error for preliminary industry data,” said Vieth.
Actual number for October will be published in mid-November. For more information on ACT, please go to www.actresearch.net.

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