FTR Associates has released preliminary data showing Class 8 total net orders for all major North American OEM's totaling 7,935 units in April, down 9 percent from March.
April 2009 orders, 57 percent less than April 2008, reflect an annualized rate of 95,220 units and continue to represent a significantly depressed Class 8 retail sales environment. The figure includes orders for the U.S., Canada, Mexico and exports.
"We don't see any near term increases in Class 8 order activity because the fundamentals of the trucking industry today don't support that," said Eric Starks, President of FTR Associates. "FTR takes a hard look at everything likely to impact Class 8 sales; and right now that data indicates no significant improvement in new equipment demand."
April 2009 orders, 57 percent less than April 2008, reflect an annualized rate of 95,220 units and continue to represent a significantly depressed Class 8 retail sales environment. The figure includes orders for the U.S., Canada, Mexico and exports.
"We don't see any near term increases in Class 8 order activity because the fundamentals of the trucking industry today don't support that," said Eric Starks, President of FTR Associates. "FTR takes a hard look at everything likely to impact Class 8 sales; and right now that data indicates no significant improvement in new equipment demand."
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