December Class 8 Net Orders Higher Than Expected: ACT
Jan 5, 2012 2:13 PM
North American Class 8 preliminary net orders for December were slightly higher than expected, as reported by ACT Research Co., LLC (ACT).
The final numbers, which will be released mid-January, will approach 30,100 units for Class 8 trucks and 13,300 for Classes 5-7 vehicles. The preliminary net order numbers are typically accurate to within 5% of actual.
“This level of order intake was better than anticipated and was more than sufficient to support ACT’s 2012 forecast,” said Steve Tam, ACT vice president-commercial vehicle sector. “Even if orders don’t continue to increase sequentially, we have enough of a backlog cushion that our outlook remains solid. Conversely, if orders do continue to increase, it will put upward pressure on the forecast.”
Related content: November Class 8 Orders Fall Below Trend: ACT
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