Narrow Order Trend of Class 8 Vehicles Continues in April: ACT Research
 Print this Article | Send to Colleague
The narrow order trend of Class 8s that’s been in place since last October continued in April, with North American Class 8 preliminary net orders reaching 23,300 according to ACT Research. Over those seven months, orders have fallen no lower than 20,100 units and no higher than April’s expected 23,300 units. In similar fashion, Classes 5-7 preliminary net orders of 15,800 are in line with the three-month order trend. Final numbers will be released mid-May. The preliminary net order numbers are typically accurate to within 5% of actual. "April’s Class 8 preliminary net orders were up sequentially and year-over-year," said Kenny Vieth, president and senior analyst at ACT Research. "April was the third consecutive month of positive year-over-year comparisons. While April’s Classes 5-7 volume was down from year-ago levels, the three-month order average is running slightly ahead of the year-ago comparison."    
|
