North American Class 8 net orders for August jumped 98% month-over-month to 21,400 units, according to FTR.
OEMs are not confident that the supply chain will improve in the short term, so they are controlling the number of official Class 8 truck orders very carefully, keeping backlogs at a manageable level.
While there is demand for new trucks, OEMs continue to be limited in what they can produce due to shortages of semiconductors and other components.
After hitting a Class 8 cancellation speed-bump in November, orders rebounded to a level just above the second half of 2021 production trend in December, ACT Research reported.
Only weeks after stepping into his new role as vice president of global brand and marketing for Mack Trucks, David Galbraith spoke to HDT about the latest trends driving the Class 8 market.
Despite production crimped by supply chain shortages, Class 8 truck makers remain focused on meeting current customer expectations plus a range of challenges coming up fast.
HDT’s editors reflect on what trend, event, person, or company was in our headlines the most and had the greatest impact on the trucking industry.
The low order total in November is not due to any lack of demand, but rather due to the uncertainty in the supply chain.
The two-piece tensioner will be included in three different serpentine belt kits designed for DD13 and DD15 engines.
Supply chain constraints and component shortages continue to put pressure on North American Class 8 orders, with orders down about 39% year-over-year.
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