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Medium Duty Truck Orders Best Since Q1 2008

January 22, 2013, 07:05 AM
Filed Under: Trucking

Medium duty demand ended 2012 on a strong note. This updated status of the North America commercial vehicle market was included in the State of the Industry report, recently released by ACT Research Co. (ACT). The report covers Class 5 through 8 vehicles for the North American market.

“The last time Classes 5-7 net orders were as high as they were in Q4 was in Q1’08,” said Kenny Vieth, ACT’s president & senior analyst. “Strength was broad-based throughout trucks, buses, RVs, and step vans. As for Class 8, orders above the level of build allowed the backlog to rise for a third consecutive month in December,” he added.

ACT is the 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, and  worldwide banking and investment companies.

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