Aftermarket

Class 8 Vehicle Demand Continues to be Constrained by Industry's Ability to Build

July 13, 2011

SHARING TOOLS        | Print Subscribe
While some near term concerns are being generated on the international scene and the U.S. political landscape, demand for commercial vehicles continues to be solid.


Strength continues across all segments of the commercial vehicle market, but recent slowing in momentum in freight movement must continue to be monitored, according to the most recent data reported by ACT Research.

The July issue of the ACT North American Commercial Vehicle Outlook shows that Class 8 backlogs rose for the ninth consecutive month, as the industry orderboards reflect pent-up replacement demand and the fleets' financial ability to fulfill that demand.

"Our expectations in the near-term are somewhat tempered by the softness in the second quarter of the year," stated Sam Kahan, ACT's chief economist.

While the economy continues at a rather slow pace, Class 8 truck demand continues to be strong, driven by longer-term demand factors rather than the short-term gyrations of the economy. Ability to build still appears to be the overarching factor impacting 2011 Class 8 volumes.


Comment On This Story

Name:  
Email:  
Comment: (Maximum 2000 characters)  
Leave this field empty:
* Please note that every comment is moderated.

Newsletter

We offer e-newsletters that deliver targeted news and information for the entire fleet industry.

GotQuestions?

ELDs and Telematics

sponsored by
sponsor logo

Scott Sutarik from Geotab will answer your questions and challenges

View All

Sleeper Cab Power

Steve Carlson from Xantrex will answer your questions and challenges

View All