Class 8 orders dip in February
Class 8 truck net orders for North American markets totaled 24,300 units in February, down 3,000 from January, according to ACT Research Co.
Even though the February order volume declined, the Class 8 market remains strong, ACT said. It placed the annualized total at more than 272,200 units. Preliminary net order numbers are subject to revision.
“The industry is continuing in 2011 where it left off in 2010,” said Steve Tam, ACT vice president. “The strength in orders continues to restock industry backlogs and fuel increasing build as the industry moves through the year.”