November truck orders disappoint
After bustling October, Class 8 orders provided some disappointment in November.
For the month, new and net orders were 22,231 and 21,255 units, respectively according to ACT Research.
Classes 5-7 orders totaled 18,407 units, up 28 percent year-over-year.
“Class 8 orders for the U.S. and Canada have generally out-performed their year ago results,” says Kenny Vieth, president and senior analyst at ACT Research Co., LLC. “In contrast, export orders have fallen 26 percent year over year and orders for Mexico have slowed sharply in the year’s second half.
For medium duty, Veith says November is typically a weak order month, but seasonally adjusted November orders of 19,100 units were the second best volume this cycle.