ACT: March Class 8 preliminary orders show gain over 2012
ACT officials said when the April Outlook report is issued later this month, expectations for 2013 should be unchanged from the past several months. (The Trucker file photo)
The Trucker News Services
COLUMBUS, Ind. — North American Class 8 net orders were above 20,000 units for a sixth consecutive month in March, but fell below February’s intake, ACT Research has reported.
Classes 5-7 net orders were down month over month and year over year.
The final numbers, which will be released mid-April, will approach 22,100 units for heavy duty Class 8 and 15,200 for medium duty Classes 5-7 vehicles and trucks.
The preliminary net order numbers are typically accurate to within 5 percent of actual.
“While down month over month, March’s Class 8 net orders were up 10 percent year over year and were the fourth best in the past 13 months,” said Kenny Vieth, president and senior analyst. “For medium duty, the tough year-over-year comparisons mask an otherwise solid order month. March’s medium duty order volume was the fourth best in the past 20 months. Historically, March has been the second strongest order month of the year for MD vehicles.”
February Class 8 sales in the United States were down from January, the first time since 2009 that February sales had not shown an increase over January.
Vieth added that orders continue to track generally in line with expectations underlying the MD and HD forecasts in ACT’s NA Commercial Vehicle Outlook report.
As such, when the April Outlook report is released March 10, expectations for 2013 should be basically unchanged from the past several months.
ACT is a 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.
For more information on ACT, visit www.actresearch.net.
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