Class 8 orders remain below 20K
FTR has released preliminary data showing September Class 8 truck net orders at 19,777 units 29 percent better than a year ago but just 3 percent higher than August orders.
FTR says September is now the fourth consecutive month with Class 8 orders less than 20,000 resulting in annualized orders for the six-month period, including September, dipping to 240,600 units. Preliminary order numbers are for all major North American OEMs.
“The order data was generally in line with expectations. Activity is modest but still suggests a flat production and sales market over the next few months,” says Eric Starks, FTR president. “We will be looking hard at the October orders to see if production expectations through the end of the year can be met.”
Final data for September will be available from FTR later in the month as part of its North American Commercial Truck & Trailer Outlook service.