Class 8 Demand Remains Strong: ACT

ACT Research remains bullish on the Class 8 market in the medium to longer term, according to the February issue of the ACT North American Commercial Vehicle OUTLOOK.

“We look for economic activity in 2012 to expand at a moderate pace not too different from the 1.7% experienced in 2011,” said Sam Kahan, ACT’s chief economist.

“Regarding commercial vehicles, there has been little change in the outlook, because underlying demand drivers remain strong. Demand for heavy trucks and trailers is running stronger than demand for medium-duty vehicles because of strong freight markets and healthy trucker profitability.”

Related Content: January’s Class 5-8 Net Orders Meet ACT’s Expectations
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish