December Class 8 orders rise
December net orders of Class 8 commercial vehicles for North American markets were 27,044 units, up 128 percent year-over-year and 2.9 percent higher than November’s total, according to ACT Research Co.
Medium-duty Classes 5-7 net orders fell 9 percent month-over-month from November, but were up 89 percent on a year-over-year basis.
In the latest release of the State of the Industry: Classes 5-8 Vehicles, ACT noted that Class 8 net orders rose to the highest monthly total since May 2006. Full year 2010 production of Class 8 vehicles was up 30 percent from a very weak 2009 at 154,290 units.
“Unlike previous cycles that have been dominated by the U.S., there is a greater breadth of geographic demand for Class 8 equipment this time,” said Kenny Vieth, president and senior analyst. “While U.S. demand is ramping nicely, orders bound for Canada, Mexico and non-NAFTA export markets remain at healthy levels.”