Preliminary Net Class 8 Orders Up 324% in January
Feb 3, 2011 2:09 PM
FTR Associates has released preliminary data showing January Class 8 truck total net orders for all major North American OEMs at 27,009 units, an increase of 324% from January 2010 1% over the strong December 2010 activity.
Net order activity annualizes to 251,900 units over the last six months, and the prior three months alone at 319,500 Class 8 trucks. The figure includes U.S., Canada, Mexico and Exports.
“Orders for January came in above expectations,” said Eric Starks, President of FTR. “We had anticipated that they would be close to 25,000 units. The continued strong order activity in January adds more fuel to the recovery in the commercial vehicle equipment sector. With the recent sustained higher levels of order activity, 2011 is shaping up to be a very good year, especially relative to where we were in 2009.”
Final data for January will be available from FTR later in the month as part of its North American Commercial Truck & Trailer Outlook service. Contact FTR Associates at ftr@ftrassociates.com or 1-888-988-1699 ext 1 for more details.
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