TopNews

Medium-Duty Orders May Be Slowing

June 21, 2016

SHARING TOOLS        | Print Subscribe
2017 F-650 dump truck Photo: Ford
2017 F-650 dump truck Photo: Ford

A decline in orders of Class 5-7 trucks in May points to "some moderate slowing" in a truck market that has shown strength since late 2013, according to ACT Research.

Medium-duty net orders totaled 17,865 units in May, which showed a decline over April and May of 2015. However, the final numbers were somewhat higher than the initial projection of 17,100 units.

May results in the overall medium-duty market were directionally consistent with historical expectations, said Steve Tam, ACT's vice president for the commercial vehicle sector.

"While there is solace in the year-to-date performance, some moderate slowing is likely," he said. "The pullback in orders appears to be the culmination of efforts to populate the distribution channel with new product, likely to result in a subsequent slowing of production and decumulation of inventory."

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?
sponsored by
sponsor logo

ELDs and Telematics

Scott Sutarik from Geotab will answer your questions and challenges

View All
GotQuestions?

Sleeper Cab Power

Steve Carlson from Xantrex will answer your questions and challenges

View All