ACT Research: NA Class 8 Orders Outpacing Industry’s Ability To Produce

Posted on 21. Dec, 2018 by in Classes 5-8, Press Releases

At the top line, NA Class 8 net orders totaled 28,082 units in November, compared to build at 27,973 units, according to ACT Research (ACT).

ACTSeminar_59“As we move into the year’s home stretch, freight-related data points continue to shift from strong growth to more moderate levels of activity,” said Kenny Vieth, ACT Research’s President and Senior Analyst. Vieth added, “November marked the first negative y/y order comparison in two years, falling 17% compared to last November. Over the past 12 months, Class 8 net orders totaled 506,300 units, the second strongest 12-month order period in history, trailing only the 12-month period ending October.”

Regarding the medium duty markets, Vieth commented, “November’s orders hewed to the warm side of 2018’s activity, with medium duty orders rising 23% y/y. Through year-to-date, 2018’s 280,800 orders are up an identical 23% y/y. Medium-duty trucks have been the primary driver of stronger activity in 2018, followed respectively by bus and RV orders.”

CLICK HERE for information about ACT’s State of the Industry: Classes 5-8 Report.

Sam &  Audience at Seminar 59ACT’s 60th seminar is scheduled for March 25-27, 2019, and will feature a trucker/fleet panel, as well as discussions on near-term demand of commercial vehicles and the impacts of emerging technologies on change in the North American commercial vehicle industry.

CLICK HERE for information about ACT’s upcoming seminar.