The Number 1 Resource for Vocational Truck Fleets

Operations

Medium-Duty Orders Remain Strong

May 10, 2016

Orders of medium-duty vehicles remained strong in April, even though they fell 10% from a March peak and came in 12% higher than a year ago, according to ACT Research.

About 20,100 orders for Class 5-7 vehicles were placed during the month, according to preliminary estimates.

"The healthy medium-duty order trend, which began in September 2015, continued in April, although at a modestly reduced rate," said Kenny Vieth, president and senior analyst for the firm. "Orders fell 10% sequentially from one of the best order months experienced cycle-to-date."

Medium-duty demand was bolstered by a decent jobs market and rising incomes, which support discretionary spending and improved housing and automotive sales activity, Vieth said.

Comment On This Story

Name:  
Email:  
Comment: (Maximum 10000 characters)  
Leave this field empty:
* Please note that every comment is moderated.

FleetFAQ

Fleet Management And Leasing

Merchants Experts will answer your questions and challenges

View All
Sponsored by

Founded in 1968, Subaru of America, Inc. (SOA) is the U.S. Sales and Marketing subsidiary of Fuji Heavy Industries (FHI) of Japan and is responsible for the distribution, marketing, sales and service of Subaru vehicles in the United States.

Read more