Class 8 truck orders up markedly in June

July 9, 2010
Total net orders for Class 8 trucks for all major North American OEMs increased to 15,667 units during the month of June, according to data collected by research firm FTR Associates

Total net orders for Class 8 trucks for all major North American OEMs increased to 15,667 units during the month of June, according to data collected by research firm FTR Associates . That performance equates to a 20.5% increase over net orders in May of this year-- and a 90.8% hike over the numbers posted in June 2009.

FTR said that June orders reflect an annualized rate of 188,000 units, boosting the annualized order rate for the first half of 2010 to 137,000 units. That figure includes Class 8 trucks orders in the U.S., Canada, and Mexico as well as exports.

“The increase in order activity is a welcome sign that the recovery for the commercial vehicle industry remains on track,” said Eric Starks, FTR president. “With the stronger order activity, production levels in the third quarter will likely be higher than initially anticipated.”

Voice your opinion!

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

Sponsored Recommendations

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 ...

Fleet Industry Benchmarks: How does your fleet stack up?

Discover how your fleet compares to industry benchmarks and gain insights from a 2024 Benchmarking Report on maintenance spend, turnaround time, and more. Join us to identify ...

Build a Tolling Program to Manage Toll Fees and Risks

Fleets looking to effectively manage their operational costs should consider their tolling costs. Download the PrePass whitepaper, “Build a Tolling Program to Manage Toll Fees...

Reducing CSA Violations & Increasing Safety With Advanced Trailer Telematics

Keep the roads safer with advanced trailer telematics. In this whitepaper, see how you can gain insights that lead to increased safety and reduced roadside incidents—keeping drivers...