Preliminary Class 8 Orders Up 50% in December: ACT

Jan. 6, 2014
Preliminary Class 8 net orders are expected at 31,800 units, a 50% increase over the previous month and also over December 2012.

Preliminary Class 8 net orders are expected at 31,800 units, a 50% increase over the previous month and also over December 2012, according to ACT Research.

Class 5-7 net orders are expected at 14,200 units (±5%) when actual data is released mid-month.

“This is the time of the year when the large fleets and leasing companies are in the market and large Class 8 order volumes are most likely. As such, an above trend number was expected,” said Kenny Vieth, ACT’s President and Sr. Analyst.

“December’s Classes 5-7 orders pulled back, following several strong order months. However, Q4 Classes 5-7 orders of 51,800 represent the best quarterly intake since Q1’08.”