X

Truck order trend still ‘OK’

Jason Cannon December 10, 2013

Truck order figures continued their “okay” trend in November, with ACT Research expecting 21,200 Class 8 units ordered last month.

November Classes 5-7 net orders are expected at 18,000 units when actual data are released mid-month.

“The ‘Great OK’ continued for Classes 5-8 commercial vehicle orders placed in November,” says Steve Tam, ACT’s Vice President – Commercial Vehicle Sector.

October was the best order month since February 2008 and Tam says November’s Classes 5-7 vehicle preliminary orders exceeded trend and expectations. Compared to a year ago, medium duty orders were up 26 percent in November and 11 percent year-to-date.

Class 8 net orders, which had spiked to their highest level in nearly two years in October, retreated in November. November’s Class 8 order volume represents gains of 6 percent compared to last November and 13 percent YTD.

ACT Research’s figures reflect similar data released earlier this month from FTR, whose data showed November Class 8 truck net orders at 20,915 units, the second consecutive month above the 20,000 unit threshold.

Poll

How would you categorize the state of your business 10 months into 2014?

Latest

GALLERY: CIT Group pumpkin contest supports cancer research

CAT debuts new vocational truck

Paccar posts strong profit and sales boost

Popular

Rush planning major service expansion, growth

Autocar launches new, revamped website

Volvo boosts profits, truck sales

Successful Dealer Award

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