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Heavy Duty Orders Rebound, Medium Duty Falls in November

December 06, 2016, 07:00 AM
Filed Under: Trucking

For the month of November, preliminary Classes 5-8 order data show the industry booked 36,600 net orders. Note that these numbers are preliminary. Complete industry data for November, including final order numbers, will be published in mid-December.

“Class 8 net orders rebounded to 19,500 units for the month,” said Kenny Vieth, ACT’s president and senior analyst. “This follows cancellation-impacted October net orders of 13,900 units. But for cancellations, Class 8 net orders in October would have been comparable to November’s order total. Given peak order season, seasonal adjustment lowers the month’s net order tally to 18,000 units, a 216,000 unit SAAR.”

Medium duty Classes 5-7 orders fell to 17,100 units, down 18% month over month and 10% year over year. “Year-to-date medium duty orders are flat. November is a neutral month on a seasonal basis, with adjustment reducing orders to 17,000,” said Vieth

ACT is the recognized 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 China CV market. ACT’s CV services are used by all major North American truck and trailer manufacturers and their suppliers, as well as the banking and investment community.

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