Equipment

Truck Orders up More Than 40 Percent Year over Year

January 22, 2015

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Photo: Jim Park
Photo: Jim Park

Class 8 truck orders in 2014 were up 42% over 2013, with 380,200 net orders being placed last year, according to data from ACT Research. Class 5-7 truck orders also performed well, selling 223,250 units, the best number since 2006.

In December, Class 8 orders came in at 44,060 trucks, topping the 40,000-unit mark for the third consecutive month. In the fourth quarter of 2014, there was an order volume of 130,900 trucks, the strongest three-month stretch since the first quarter of 2006. In general, orders of Class 8 trucks consistently outperformed expectations.

“For the year, 380,200 net orders were placed, up 42% from 2013, as Class 8 orders have topped expectations for eight consecutive months,” said Kenny Vieth, president and senior analyst of ACT.

Medium-duty trucks orders reached the highest monthly volume since 2008 in December with 22,954 units. Buses saw the largest gain in the medium-duty segment, up 23% over 2013.

“The order improvement was broad-based, with trucks up 15%, buses up 23% and RVs up 17%,” said Vieth. “The only negative was step vans, which saw orders decline 12%.”

Comments

  1. 1. Paul Goldstein [ January 23, 2015 @ 06:32AM ]

    Part of the sales spike would have to do with California's communistic new emission laws which have FORCED many companies to get rid of good running older trucks to buy new troublesome emission laden hunks of junk. This new law has forced many small companies and o/o's out of business because they can't afford to comply. So yes, sales are up....mostly at the expense of the little guy. If you buy new, get familiar with the CHECK ENGINE light....you will see it a lot.

 

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