ACT Research: Class 8 Orders at 35,600 in May

Posted on 08. Jun, 2018 by in Classes 5-8, Press Releases

Preliminary North America Class 8 net order data show the industry booked 35,600 units in 2018’s fifth month. Note that these numbers are preliminary. Complete industry data for May, including final order numbers, will be published in mid-June.

“Preliminary net order data indicate that demand for Class 8 trucks continued in robust fashion in May,” said Kenny Vieth, ACT’s President and Senior Analyst. He continued, “During the month, NA Class 8 net orders rose 2.5% from April and May’s order volume more than doubled the year-ago take, rising 110% from last May.”

About Class 8 orders, Vieth commented, “Seasonal adjustment begins to inflect positively this month. When adjusted, May’s Class 8 net order volume rises to 39,800 units.” Seasonally adjusted and annualized, Class 8 orders have been booked at a 475k unit through year-to-date May.