Preliminary data for June shows Class 8 truck net orders for all major North American OEMs has improved 20.5 percent over May and 90.8 percent over June 2009
, according to FTR Associates.
June saw net orders for Class 8 trucks at 15,667 units. The results reflect an annualized rate of 188,000 units, boosting the annualized rate for the first half of 2010 orders to 137,000 units. The figure includes U.S., Canada, Mexico and exports.
"The increase in order activity is a welcome sign that the recovery for the commercial vehicle industry remains on track," said Eric Starks, president of FTR. "With the stronger order activity, production levels in the third quarter will likely be higher than initially anticipated."
, according to FTR Associates.
June saw net orders for Class 8 trucks at 15,667 units. The results reflect an annualized rate of 188,000 units, boosting the annualized rate for the first half of 2010 orders to 137,000 units. The figure includes U.S., Canada, Mexico and exports.
"The increase in order activity is a welcome sign that the recovery for the commercial vehicle industry remains on track," said Eric Starks, president of FTR. "With the stronger order activity, production levels in the third quarter will likely be higher than initially anticipated."
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