Class 8 Truck Orders Drop

COLUMBUS, IN – The preliminary north American heavy GVW Class 8 truck orders for November came in on the downside, reported ACT Research.

The publisher of new and used commercial vehicle data said that the preliminary numbers are coming in well-below October’s.

The final numbers look to be approaching 20,700 units for heavy duty Class 8 trucks, and 13,400 for Classes 5-7.

“We believe there was a pull-forward of demand in October to counteract the impact of price increases for the new model year,” said Steve Tam, ACT vice president-commercial vehicle sector.

“The underlying fundamentals in the heavy truck market remain healthy. Classes 5-7 preliminary net orders continue to flow in a very narrow band. As a case in point, when seasonally adjusted and annualized, the Classes 5-7 net order matched the YTD average,” he added.