Preliminary August Heavy Truck Orders Strongest Since November 2008
Sep 8, 2009 11:57 AM
FTR Associates has released preliminary data showing Class 8 net orders for all major North American OEMs totaling 10,758 units in August, the strongest showing since November 2008.
he figure includes orders for the U.S., Canada, Mexico and Exports. Order activity for August was 19.9% better than the previous month and represents an annualized rate of 129,096 units.
“FTR is cautiously optimistic about the increased August preliminary Class 8 net orders,” said Eric Starks, president of FTR. “However, we believe some of the orders being placed are in response to 2010 EPA emissions requirements. We still expect any recovery in the transportation industry to be slow and bumpy through next year.”
Final data for August will be available from FTR later in the month as part of its North American Commercial Truck & Trailer Outlook service. Contact Helen Lile at hlile@ftrassociates.com or 1-888-988-1699 ext 45 for more details.
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