Commercial Business Retail Suppliers

Class 8 truck sales continue to climb

Order Reprints

Net orders for Class 8 commercial trucks increased 24% September to October, according to ACT Research. Medium-duty truck orders also increased by 19%.

"While September gave a hint to increasing demand for Class 8 equipment, October orders provided the strongest sign yet that the transportation sector recognizes the need to replace aging equipment," notes Kenny Vieth, ACT Research senior analyst.

"With production of equipment rising only slightly in October, the order backlog is now 29% above its trough earlier this year, a sign that the commercial vehicle manufacturing sector is getting healthier."

Related Articles

TIA Moves Commercial Tire Service Class Online

Sales Makers or Order Takers? How to Determine 'Who’s Who' on Your Team

How to Leverage Inspections to Drive More Business

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