December preliminary net orders of heavy-duty Class 8 commercial vehicles for North American markets were 25,500 units, according to ACT Research Co.
December preliminary net orders of heavy-duty Class 8 commercial vehicles for North American markets were 25,500 units, according to ACT Research Co. The December total is an increase of 115% compared with December 2009. Preliminary net order numbers are subject to revision and are typically accurate to within 5% plus or minus.
“The industry closed 2010 with a string of three strong months of net orders. With nearly 71,000 orders booked, the fourth quarter was the best quarter for Class 8 vehicles since the second quarter of 2006,” said Kenny Vieth, president and senior analyst. “The ramp up in demand is consistent with the upcycle we have been forecasting for over a year and confirms production levels will increase significantly in 2011.”
Voice your opinion!
To join the conversation, and become an exclusive member of FleetOwner, create an account today!
Why Mirror Camera Systems are the next step for fleet safety and exoneration While many commercial trucking cameras are similarly marketed, they are not all created equally. The...
Discover how modern fleet maintenance software can drive step-change improvements in shop efficiency, cost control and vehicle productivity, along with how to calculate the ROI...
Anyline’s study, “How Digital AI Solutions Can Enhance Rideshare Safety,” reveals rideshare drivers are overly confident in their tire knowledge, risking passenger safety. Download...
Anyline’s innovation allows accurate tire tread measurement via any mobile device, ensuring legal compliance for fleets. Read more and find out how you can cut operating costs...