Preliminary Class 8 net orders stay strong

March 16, 2011
A preliminary reading of heavy-duty Class 8 commercial vehicle net orders for North American markets totaled 24,300 units in February 2011, according to ACT Research Co.

A preliminary reading of heavy-duty Class 8 commercial vehicle net orders for North American markets totaled 24,300 units in February 2011, according to ACT Research Co. Even though the February order volume is down 3,000 units from January, it maintains the strength of the North American Class 8 market demonstrated the past four months. This time period annualized represents an order flow of more than 272,200 units (SAAR). Preliminary net order numbers are subject to revision and are typically accurate to within +/- 5%.

“The industry is continuing in 2011 where it left off in 2010,” said Steve Tam, vice-president–commercial vehicle sector. “The strength in orders continues to restock industry backlogs and fuel increasing build as the industry moves through the year.”

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...