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Class 5 Powers 4% Medium-Duty Order Increase in 2015

January 22, 2016

Photo of 2016 Ram Chassis Cab courtesy of FCA US.
Photo of 2016 Ram Chassis Cab courtesy of FCA US.

Orders of medium-duty vehicles in Classes 5-7 increased 4% to 226,800 in 2015, and truck manufacturers built 237,100 units, according to ACT Research.

Orders closed out the year on a high note, said Steve Tam, ACT's commercial vehicle sector vice president.

The Class 5 market has remained in growth mode since reaching a low in early 2009 at the depth of the recession, and has outstripped growth of classes 6 and 7, said Tam.

"Class 5 build and sales were the highlights of 2015, setting a record for the best year ever," Tam said. "Classes 6-7, on the other hand, failed to register in the top 10, with 2015 arriving in 13th place."

Since the rebirth of the Class 5 segment in the 1980s, truck fleets have gained a greater sensitivity to total cost of ownership and have made a subtle shift down from Classes 6-7, Tam said.

"Conversely, the Classes 6-7 market has struggled, largely because of its exposure to the non-residential construction and municipal markets," Tam said. "While they have improved and are expected to continue doing so, they have lagged behind the broader market."

Comments

  1. 1. Ronald Chandler Jr [ January 23, 2016 @ 09:47PM ]

    Compared to what

 

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