ACT Research announced Tuesday preliminary North America Class 8 net order data show the industry booked 42,800 units in September, falling moderately after back-to-back record order months.
“Preliminary data indicate that in September, NA Class 8 orders were down 19 percent from August, but up 90 percent compared to year-ago September,” says Kenny Vieth, ACT president and Senior Analyst. “Through year-to-date September, Class 8 orders have totaled 397,200 units, an average monthly order intake of 44,100 units/month.
“On a seasonally adjusted basis, the past three months’ orders represent the three strongest order months in history, with the past three months’ Class 8 orders climbing to 711,000 units SAAR. Reaching back to June, on a seasonally adjusted basis the past four months are four of the five strongest in history,” Vieth says.
In the medium-duty market, Vieth says trendy order activity continued in September with orders rising to a four-month high. “September’s preliminary NA Classes 5-7 net orders rose to 24,800 units, and over the past twelve months, orders have averaged 24,500 units/month,” he says.