January 06, 2014
Dec. Class 8 preliminary orders up 50% M/M, Y/Y
Americas Commercial Trucking (ACT) Research says December 2013 North American Classes 5-7 net orders are expected at 14,200 units (±5%) and Class 8 net orders are expected at 31,800 units (±5%), when actual data are released mid-month.
“This is the time of the year when the large fleets and leasing companies are in the market and large Class 8 order volumes are most likely. As such, an above trend number was expected,” says Kenny Vieth, ACT’s president and senior analyst.
“December Class 8 orders were up 50% month-over-month and year-over-year. December’s Classes 5-7 orders pulled back, following several strong order months. However, Q4 Classes 5-7 orders of 51,800 represent the best quarterly intake since Q1’08,” he added.
For more information on ACT visit http://www.actresearch.net.
For more news on ACT see:
Chinese truck market, economy on the rise
ACT Research: 2013 ends with solid trailer orders
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