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Jun 7, 2011

TRUCK SALES * USA - ACT: Preliminary Class 8 net orders “remain strong”

Columbus,IND,USA -Fleet Owner, by David Cullen -Jun 3, 2011: -- Despite some cooling in the Class 8 market being reported by a key forecasting firm, their analysis suggests that nonetheless motor carriers are driving right through the current wave of bad economic news, keeping their sights firmly set on the road ahead. A preliminary reading of heavy-duty Class 8 commercial vehicles net orders shows they “fell from April’s high water mark but remained strong,” according to ACT Research Co. (ACT)... Net orders in fact were up 85% from a year ago May. The firm noted its preliminary net order numbers are subject to revision and are typically accurate to within 5%, plus or minus... ACT publishes new and used commercial vehicle (CV) industry data, market analysis and provides forecasting services for the North American market as well as the U.S. tractor-trailer market and the China CV market. ACT notes that its services are used by all major North American truck and trailer manufacturers and their suppliers, as well as the banking and investment community...

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