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ACT: Commercial Vehicle Net Orders Higher than Expected in December

January 06, 2012, 06:30 AM
Filed Under: Trucking

North America heavy GVW Class 8 commercial vehicle preliminary net orders for December were slightly higher than expected, as reported by ACT Research Co., LLC (ACT).

The final numbers, which will be released mid-January, will approach 30,100 units for heavy duty Class 8 trucks and 13,300 for medium Classes 5-7 vehicles. The preliminary net order numbers are typically accurate to within 5% of actual.

“This level of order intake was better than anticipated and was more than sufficient to support ACT’s 2012 forecast,” said Steve Tam, ACT vice president-commercial vehicle sector. “Even if orders don’t continue to increase sequentially,
we have enough of a backlog cushion that our outlook remains solid. Conversely, if orders do continue to increase, it will put upward pressure on the forecast,” he added.







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