Orders for heavy-duty Class 8 vehicles posted a 15% increase in August over August 2009 and an even better performance in the three months ending Aug. 31, according to ACT Research.
Orders for heavy-duty Class 8 vehicles posted a 15% increase in August over August 2009 and an even better performance in the three months ending Aug. 31, according to ACT Research.
“The summer months tend to be seasonally low order months for Class 8 vehicles, but this summer has seen a stabilization of orders at a more material rate compared to the trough of 2009,” said Steve Tam, vice president-commercial vehicle sector. “Net orders were especially strong for the Mexico market, likely due to increased manufacturing and trade. It is possible Mexico is benefiting from some ‘re-shoring’ of manufacturing that previously occurred overseas.”
Net orders for the three-month period improved to 40,033 Class 8 vehicles, a 42% increase over the same three months in 2009. The numbers were reported in ACT’s State of the Industry: Class 5-7 Vehicles report.
Medium-duty sales also increased. Class 6-7 net orders improved 27% in August compared to August 2009. Class 5 truck orders showed a 126% gain year-over-year. Class 6-7 bus orders were also strong, increasing 159% in August compared to July 2010.
Voice your opinion!
To join the conversation, and become an exclusive member of FleetOwner, create an account today!
This free guide outlines simple steps for hiring and onboarding commercial drivers while ensuring that you meet Regulation Part 391 and maintain fully compliant driver qualification...
Ready to boost fleet efficiency by up to 50%? Learn how AI-powered dispatch and next-gen tech are transforming TMS workflows, improving driver planning, and streamlining operations...
Gain a strategic edge in today’s evolving fleet landscape. Join us to explore how fuel cards are helping fleet managers cut costs, enhance control, and prepare for an electrified...
