North American Class 5-8 commercial vehicle preliminary net orders for February were down from January, according to ACT Research Co., LLC (ACT).
The final numbers, which will be released mid-March, will approach 22,500 units for Class 8 trucks and 12,800 for Class 5-7 vehicles. The preliminary net order numbers are typically accurate to within 5% of actual.
“February net orders were incrementally below expectations,” said Kenny Vieth, president and senior analyst, ACT Research. “However, healthy backlogs and strong orders over the previous four months continue to support our forecasts for 2012.”
Related content: Class 5-8 Data In Line with Expectations in January: ACT