Class 5-8 Orders Above November Norm: ACT
Dec 21, 2012 8:23 AM
November orders for Class 5-8 trucks were better than average in 2012, but fell below October’s promising level of activity, according to the State of the Industry report released by ACT Research Co. (ACT).
“Looking below the surface of November’s orders, the U.S. and non-NAFTA exports were the two market segments most responsible for the pullback,” said Kenny Vieth, ACT’s president & senior analyst.
“In November, Class 8 orders from outside of the NAFTA zone fell to their second lowest level in three years,” he added.
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