Strong year’s start for CV demand
Class 8 orders rose above 20,000 units for a fifth consecutive month in February, 2013, while a surge in step-van orders pushed new medium-duty demand above the prevailing trend.
This updated status of the North America commercial vehicle market was included in the State of the Industry report, recently released by Americas Commercial Trucking (ACT) Research Co. The report covers Classes 5 through 8 vehicles for the North American market.
“Class 8 net orders rose to just over 23,000 units,” says Kenny Vieth, ACT’s president and senior analyst.
“February was the first month in the past 14 in which orders rose above year-ago levels. Demand for Classes 5-7 trucks, buses and RVs were generally in line, but step-van orders boosted total orders in February.”
For more information visit http://www.actresearch.net.