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ACT: Demand still ‘favorable’ even as Class 8 orders slip

Despite the decline, the demand situation remains favorable, ACT said in its State of the Industry report. The report covers Class 5 through 8 vehicles for the North American market.

The Trucker News Services

12/21/2011

COLUMBUS, Ind. — After rising to their third highest net order volume of the year in October, Class 8 orders fell below trend in November, falling to their second lowest volume in 2011, according to ACT Research Co. Class 8 new and net orders totaled 24,354 and 20,603 units, respectively.

Despite the decline, the demand situation remains favorable, ACT said in its State of the Industry report. The report covers Class 5 through 8 vehicles for the North American market.

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“We believe special factors, such as the near selling out of remaining 2011 build slots in October and cancellations in export orders in November, were responsible for the boost in order activity in October and the fall-off in order activity in November,” said Kenny Vieth, president and senior analyst at ACT. “Our suggestion is to look at October and November in aggregate. Doing so generates average monthly net orders of 24,400 units.”

ACT publishes new and used commercial vehicle 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.

Kevin Jones of The Trucker staff can be reached for comment at kevinj@thetrucker.com.

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