Preliminary Class 5-8 order data show the industry booked 36,600 net orders in November, including 19,500 in Class 8, according to ACT. Complete industry data for November, including final order numbers, will be published in mid-December.
“Class 8 net orders rebounded to 19,500 units for the month,” said Kenny Vieth, ACT’s president and senior analyst. “This follows cancellation-impacted October net orders of 13,900 units. But for cancellations, Class 8 net orders in October would have been comparable to November’s order total. Given peak order season, seasonal adjustment lowers the month’s net order tally to 18,000 units, a 216,000 unit SAAR.”
Medium duty Classes 5-7 orders fell to 17,100 units, down 18% month over month and 10% year over year.
“Year-to-date medium duty orders are flat. November is a neutral month on a seasonal basis, with adjustment reducing orders to 17,000,” said Vieth.