TRUCKS SALES * USA & Canada
* Class 8 net orders below trend in July, Class 5-7 bounce back
(Photo: Truck Class 6)
Nashville and Columbus,IND,USA -Truck News (CAN) -3 Aug 2012: -- FTR Associates has released preliminary data showing July Class 8 truck net orders at 12,568 units, the lowest month for orders since August 2010 and 32% below the same month last year... Preliminary order numbers are for all major North American OEMs. July orders came in 23% below weak June activity and continue reflecting soft demand for Class 8 vehicles, FTR officials said. For the three-month period including July, orders now annualize to 186,300 units... ACT Research has also reported that Class 8 commercial vehicle preliminary net orders for July were below trend, while Classes 5-7 net orders bounced back above the long run order trend. The final numbers, which will be released by ACT in mid-August, will approach 12,900 units for heavy-duty Class 8 trucks and 14,800 for medium duty Classes 5-7 vehicles. The preliminary net order numbers are typically accurate to within 5% of actual...
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