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ACT: Forecasts Maintained, CV Demand In Line with Expectations

April 12, 2012, 06:00 AM
Filed Under: Trucking

ACT Research has maintained its forecasts in the latest issue of the ACT North American Commercial Vehicle OUTLOOK.
“The economy and commercial vehicle demand are both generally in line with expectations,” said Kenny Vieth, ACT’s president & senior analyst. “The U.S. economy is in much better shape than it was at the start of the Great Recession, not only from the perspective of continued growth, but also in its ability to weather shocks. Industry backlogs are large, and we remain comfortable with our 2012 forecast, he added.
ACT is the worldwide leading publisher of new and used commercial vehicle (CV) industry data, market analysis and forecasting services for the North American market, as well as the U.S. tractor-trailer market and the China CV market. ACT’s CV services are used by all major North American truck and trailer manufacturers and their suppliers, as well as worldwide banking and investors. For more information on ACT, please visit

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