According to ACT Research, June’s preliminary North American Class 8 net orders rose 139% over May with 16,000 units. Compared to last June, orders were also up by 23%.
Mitsubishi Fuso Truck of America announced it is discontinuing new truck sales. Customers will remain supported for warranty repairs, maintenance services, and replacement parts until 2028.
In recognition to the swift changes COVID-19 has brought to the industry, International Truck has launched International Cares, a grouping of special offers on new truck financing and digital tools.
Class 8 truck orders plummeted in March to their lowest readings in a decade, at a level half of what it was a year ago, according to preliminary numbers from FTR and ACT.
Mack publicly revealed its new medium-duty MD Series of trucks for the first time on March 4 in Indianapolis at the 2020 Work Truck Show and said it's looking to work trucks for growth this year.
Preliminary reports from both ACT Research and FTR show that North American Class 8 orders for February fell 18-20% from January. Both reported a total drop of 14,100 units.
North American Class 8 orders for January are down month over month but up year over year, according to both FTR and ACT Research. Following a consistent trend over the last four months of averages of 19,000 trucks, January totals dropped to 17,700 units. ACT reports show a similar drop in medium-duty.
Expect higher parts prices this year as the demand for aftermarket truck parts continues to grow, according to MacKay and Co. projections presented at Heavy Duty Aftermarket Dialogue.
Nextran Truck Center of Tuscumbia, Alabama, has been honored as Mack's 2019 Dealer of the Year.
The latest reports from ACT Research show improvement in for-hire freight volumes, but also a slide in the Freight Rate Index in December and a slight improvement in the economic outlook for 2020.
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