Current Issue

PREMIUM CONTENT FOR SUBSCRIBERS ONLY

Commercial Business Suppliers Wholesale Distribution

Good Feb. for Classes 5-7, Class 8 truck orders

Order Reprints

North America heavy-duty GVW Class 8 preliminary net orders for February, 2013, rose sequentially and year-over-year, narrowly besting October 2012 to reach their highest reading since January 2012, while medium-duty orders exhibited strong growth.

The final numbers, which will be released soon, will approach 23,300 units for heavy-duty Class 8 and 16,400 for medium-duty Classes 5-7 vehicles and trucks. The preliminary net order numbers are typically accurate to within 5% of actual.

“With Class 8 build in February below 20,000 units, backlogs should rise once again. On a seasonally adjusted basis, February’s Class 8 net orders were 22,900 units, in a dead heat for the best reading in the past year,” says Kenny Vieth, president and senior analyst, Americas Commercial Trucking (ACT) Research.

“Medium-duty orders easily outpaced both January 2013 and February 2012. February’s volume was up 13% versus last year. Similar to the Class 8 market, Classes 5-7 net orders above February’s build expectations suggests backlogs are likely to have moved higher,” he added.

For more information visit http://www.actresearch.net.

Related Articles

Rise & fall: Class 8 orders up, Classes 5-7 down

April a strong month for Classes 5-8 truck orders

Soft Class 8 June, Classes 5-7 weak

Upcoming Events

09 Mar

Work Truck Show 20th Anniversary
Indianapolis, IN

You must login or register in order to post a comment.