April North American Classes 5-7 net truck orders are expected at 15,900 units (±5%) and Class 8 net orders are expected at 25,900 units (±5%), when actual data are released mid-month, according to the latest ACT report.
“NA Classes 5-8 orders totaled 41,900 units in May, says Kenny Vieth, ACT’s president and senior analyst. Since last October, when the current period of stronger orders began, total NA Classes 5-8 net orders have been booked at a 547,200 unit annual rate.
“Class 8 orders in May rose 4% month over month and 14% year over year. When seasonally adjusted, May was the strongest order month for Class 8 since February.
Classes 5-7 saw orders cool in May to their lowest level since last December. Classes 5-7 net orders fell 27% month over month and 10% year over year. The month-over month number was against a tough comparison, since April’s orders were the best since early 2006.