Orders for Medium-Duty Trucks Post March Gains
A new report shows the number of medium-duty truck orders in March were solid. ACT Research predicts North American Class 5 through Class 7 net orders will show a total of 17,600 for March, plus or minus 5 percent.
Kenny Kieth, president & senior analyst, ACT.
A new report shows the number of medium-duty truck orders in March were solid.
ACT Research predicts North American Class 5 through Class 7 net orders will show a total of 17,600 for March, plus or minus 5 percent.
"Like Class 8, Classes 5-7 net orders rose compared to March 2013, but slipped sequentially," said Kenny Vieth, ACT's president and senior analyst. “That volume represents a 7-percent decline from February’s cycle-to-date high and a 15-percent improvement from last March."
Vieth said consistency continues to be part of the medium-duty vehicle order story, noting over the past three, six, and 12 months, orders have been booked at a seasonally adjusted annual rate of 209,000, 206,000, and 204,000 units, respectively."
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