This updated status of the North America commercial vehicle market was included in the State of the Industry report, recently released by ACT Research Co. The report covers Class 5 through 8 vehicles for the North American market.
"The last time Classes 5-7 net orders were as high as they were in Q4 was in Q1'08," said Kenny Vieth, ACT's president & senior analyst.
"Strength was broad-based throughout trucks, buses, RVs, and step vans. As for Class 8, orders above the level of build allowed the backlog to rise for a third consecutive month in December," he added.