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Class 8 truck orders hit a 13-month high in January at 22,188 units, rebounding from poor 2016 numbers for the second and third quarter, according to ACT Research.
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After the first month of the year, depreciation rates for medium-duty trucks are up and overall orders for the segment are down, according to Black Book’s Feb. 7 Market Insights Report.
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For model year 2017, Mitsubishi Fuso Truck of America will offer optional Mobileye collision-avoidance systems on its FE and FG Series trucks.
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With the preliminary numbers rolling in from ACT Research and FTR, it is looking like January was a banner month for both heavy- and medium-duty truck orders.
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Greenkraft, Inc. plans to expand to a bigger factory in 2017 and introduce a new line of trucks called the G3 and G4, which are larger-sized trucks in weights of 26,000 pounds and 33,000 pounds respectively, the company announced.
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The commercial vehicle market in 2016 was a tug of war between gaining medium-duty and declining heavy-duty sales, according to IHS Markit. Next year, medium-duty sales may be high enough to offset those losses.
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North American Class 8 retail sales rose to a six-month high of 21,281 units and Classes 5-7 had another banner year, according to ACT Research.
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Kenworth is offering wide base tires for applications requiring up to 20,000-pound front axle ratings for the company’s T370 truck model.
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Orders of classes 5 to 7 vehicles declined 1.1% in 2016 after a strong December finish and have outpaced heavy-duty truck orders in part due to pent-up demand from government fleet purchasers, according to ACT Research.
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Class 8 truck net orders are projected to realize a solid increase in December, according to preliminary numbers from FTR and ACT Research.
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