X

Medium duty orders among best in nearly 2 years

Jason Cannon April 4, 2013

North American Class 8 net orders were above 20,000 units for the sixth consecutive month in March, but fell below February’s intake.

Classes 5-7 net orders were down month-over-month and year-over-year, with final numbers expected to approach 15,200 for medium-duty vehicles and trucks.

Preliminary net order numbers are typically accurate to within 5 percent of actual.

“While down month-over-month, March’s Class 8 net orders were up (nearly 11 percent) year over year and were the fourth best in the past thirteen months,” Kenny Vieth, president and senior analyst, ACT Research, says. “For medium-duty, the tough year-over-year comparisons mask an otherwise solid order month. March’s medium-duty order volume was the fourth best in the past 20 months. Historically, March has been the second strongest order month of the year for MD vehicles.”

Vieth adds orders continue to track generally in line with expectations underlying the MD and HD forecasts in ACT’s NA Commercial Vehicle Outlook report.

For more on heavy-duty orders, click here.

Poll

Do you actively capture and use customer data?

Latest

Used truck volume continues climb, prices slide

CVOC panel will look at truck trade cycle

Build your own Pete 579

Popular

Preference for Paccar MX engine growing

Mack welcoming new dealership in Texas

Kenworth of Cincinnati holds groundbreaking at new site

Successful Dealer Award

Click here to read about the award and see the nominees for this year's award.