December commercial orders beat expectations
North America heavy GVW Class 8 commercial vehicle preliminary net orders for December were slightly higher than expected. The information was reported by Americas Commercial Transportation (ACT) Research.
The final numbers, which will be released mid-January, 2012, will approach 30,100 units for heavy duty Class 8 trucks and 13,300 for medium Classes 5-7 vehicles. ACT says the preliminary net order numbers are typically accurate to within 5% of actual.
“This level of order intake was better than anticipated and was more than sufficient to support ACT’s 2012 forecast,” says Steve Tam, ACT vice president-commercial vehicle sector. “Even if orders don’t continue to increase sequentially, we have enough of a backlog cushion that our outlook remains solid. Conversely, if orders do continue to increase, it will put upward pressure on the forecast.”