COLUMBUS, Ind. –March preliminary Class 8 net orders fell slightly from February to 23,100 units, ACT Research reported today, but jumped 42 percent over the same period in 2016. Seasonally adjusted orders increased 2 percent from the previous month.
“Against easy comps, March Class 8 orders were up 42 percent compared to March 2016,” said Kenny Vieth, ACT’s president and senior analyst. “On a seasonally-adjusted basis, orders were booked at a 267,000-unit seasonally-adjusted annual rate (SAAR) in the first quarter.”
ACT publishes 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. For more information on ACT, go to actresearch.net.