Class 8 Truck Orders
Class 8 Truck Orders in October 2023
North American Class 8 net orders in October were 32,300 units. While strong relative to freight market conditions, Class 8 orders were down 24% y/y.
The vocational straight truck market saw orders rise 24% y/y. Export market orders were up 91% y/y, and orders destined for the Mexican market were up a whopping 187%. Moving in the opposite direction, North American Class 8 tractor orders were down 34% y/y, with US-only tractor orders down 47% from year-ago levels.
Kenny Vieth
President & Senior Analyst
To learn more about the current dynamics in the commercial vehicle industry, check out the State of the Industry reports. And to see what ACT forecasts will happen in the Class 8 market over the next few years, check out the North America commercial vehicle forecast.
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