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Before you can talk about what’s occurring in the truck parts aftermarket, you need to first look at what happened with new truck sales in prior years. For instance, while the number of medium-duty trucks has stayed the same since 1994, the number of Class 8 trucks has nearly doubled in that time.
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Class 8 truck orders in 2014 were up 42% over 2013, with 380,200 net orders being placed last year, according to data from ACT Research. Class 5-7 truck orders also performed well, selling 223,250 units.
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Demand for commercial vehicles remained healthy in December, as 65,700 total heavy- and medium-duty trucks were ordered, according to the latest projections from ACT Research.
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Truck orders remained strong in December with net Class 8 orders at 43,620 units, the third consecutive month above 40,000, according to the latest data from FTR.
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ACT Research found that demand for Class 8 trucks remained high in November with 40,925 units ordered. It was the fifth best month since the research company began collecting data in the 1980s.
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New commercial vehicle registrations for Class 3 through Class 8 trucks increased nearly 14% for the first nine months of 2014 compared to the same time a year ago, according to a new report by the vehicle industry research firm IHS Automotive.
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Commercial truck orders remained strong in North America in November, according to reports from two leading industry research firms, with Class 8 orders racking up the fifth-best month of all time.
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Sales of used Class 8 trucks were essentially flat in October, rising by only 1% over the previous month according to an ACT Research report.
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Demand for commercial vehicles in the U.S. and Canada continues to strengthen, though used commercial vehicle registrations still outnumber new registrations.
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October was the second best month on record for orders of Class 8 trucks, increasing 87% over September to nearly 46,000 units, according to FTR.
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