ACT Research: Good news for December orders
North America heavy-duty GVW Classes 5-8 preliminary net orders for December, 2012, represent an improvement from where orders were through most of 2012, according to Americas Commercial Trucking (ACT) Research Co.
The final numbers, which will be released mid-January, will approach 14,200 units for medium-duty Classes 5-7 vehicles and trucks and 21,300 for heavy-duty Class 8. The preliminary net order numbers are typically accurate to within 5% of actual.
“We suspect the looming ‘fiscal cliff’ was a limiting factor in what is typically a strong order month for Class 8,” says Kenny Vieth, ACT president and senior analyst. “With the biggest piece of fiscal uncertainty now in the rearview mirror, improved forward visibility should allow for better orders in coming months.”
Vieth says the 21,300 Class 8 orders booked in the month were modestly ahead of November’s order total. Like Class 8, medium-duty vehicle orders were in line with November volumes, with 14,200 net orders booked.
“December represented the sixth consecutive month of year-over-year order improvement,” notes Vieth.
For more information visit http://www.actresearch.net.