Class 8 orders remain strong

Oct. 8, 2014

FTR reported another strong month for Class 8 truck orders in September. Net orders came in at 24,477 units, the best September since 2005 and 27% above a year ago.

This marks the 20th consecutive month of a year-over-year order gain. Class 8 orders for the latest six month period through September annualize to 310,000 units.

September Class 8 orders were similar to August and may reflect some pull ahead of Q4 orders in response to OEM production constraints as fleets attempt to reserve build slots, FTR said.

“If some of the September activity indeed is pull ahead, Q4 orders will be below expectations for the time period,” said Don Ake, FTR vice president of commercial vehicles. “However, Class 8 orders overall are solid across the board and in line with FTR forecasts.  Order activity has snapped back into traditional seasonal patterns, albeit at levels consistent with a very strong Class 8 market.  We enter the fourth quarter with positive momentum, which means the first quarter build numbers should be robust. “

Final data for September will be available from FTR later in the month as part of its North American Commercial Truck & Trailer Outlook service.

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Leveraging telematics to get the most from insurance

Fleet owners are quickly adopting telematics as part of their risk mitigation strategy. Here’s why.

Reliable EV Charging Solution for Last-Mile Delivery Fleets

Selecting the right EV charging infrastructure and the right partner to best solve your needs are critical. Learn which solution PepsiCo is choosing to power their fleet and help...

Overcoming Common Roadblocks Associated with Fleet Electrification at Scale

Fleets in the United States, are increasingly transitioning from internal combustion engine vehicles to electric vehicles. While this shift presents challenges, there are strategies...

Report: The 2024 State of Heavy-Duty Repair

From capitalizing on the latest revenue trends to implementing strategic financial planning—this report serves as a roadmap for navigating the challenges and opportunities of ...