ACT Research: November Preliminary Truck Order Numbers Up
December 04, 2013
November North American Class 5 through 7 net truck orders are expected to total 18,000 while Class 8 orders are expected at 21,200 units, when actual data are released mid-month, according to commercial vehicle data analysts at ACT Research.
The margin of error for each is plus or minus 5%.
After posting the best order month since February 2008 in October, November’s Classes 5 through 7 vehicle preliminary orders exceeded trend and expectations it says.
Compared to a year ago, medium duty orders were up 26% in November and 11% year-to-date.
Class 8 net orders, which had spiked to their highest level in nearly two years in October, retreated in November.
November’s Class 8 order volume represents gains of 6% compared to last November and 13% year-to date.