Truck sales continue to climb

COLUMBUS, Ind. — Net orders for heavy-duty class 8 commercial vehicles increased 91 percent in April 2010 compared to the same month last year, outpacing orders for medium-duty trucks.

The numbers are part of ACT Research’s latest release of the “State of the Industry: Classes 5-8 Vehicles.” ACT indicated that net orders for heavy-duty vehicles continued to strengthen month-to-month.

New orders were spread over the next three quarters, suggesting that companies are beginning to place orders for new EPA 2010 emissions compliant equipment.

April net orders of medium-duty classes 5-7 equipment grew by 39 percent from April 2009. However, the research firms figures that continued weakness in the residential housing market and tightening state budgets, have caused the medium-duty sector to not show the same level of rebound as the heavy-duty sector.

“From top to bottom, April was a healthy month for the class 8 segment, at least in relative terms,” said Kenny Vieth, partner and senior analyst with ACT. “Orders were above expectations, backlogs rose and retail sales remained elevated. If orders surprise on the high side again in May, it could have upside implications for our forecasts for the remainder of 2010 and 2011.”


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