ACT Research: NA Class 8 Orders Through YTD November Total 468,600 Units

Posted on 04. Dec, 2018 by in Classes 5-8, Press Releases

ACT Seminar 56_162Preliminary North America Class 8 net order data show the industry booked 27,900 units in November, down 36% sequentially from October, but only 15% lower from year-ago November. Note that these numbers are preliminary. Complete industry data for November, including final order numbers, will be published by ACT in mid-December.

“Through year-to-date November, Class 8 orders have totaled 468,600 units, an average monthly order intake of 42,600 units per month,” said Steve Tam, ACT’s Vice President. He continued, “November typically has a slightly above average order seasonal factor, and as such, actual data is moderately lower when seasonally adjusted. Seasonal adjustment drops November’s order intake to 26,800 units, down 29% from October.”

About medium duty orders, Tam commented, “Disaggregation of the medium and heavy duty markets reveals that medium duty order activity perpetuated its trend-like bias in November, with orders for 25,100 vehicles besting short and long-run averages.” He added, “Over the course of the past six and twelve months, medium duty orders have averaged 24,000 and 24,900, respectively.”

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ACT’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 Seminar 60.