ACT Research: Class 8 orders continue to decline
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ACT Research: Class 8 orders continue to decline
COLUMBUS, Ind. — Final North American Class 8 net orders totaled 13k units in May, down 45% y/y, as published in ACT Research’s latest State of the Industry: NA Classes 5-8 report. “Entering the weakest period seasonally for new business, Class 8 orders continued to decline in May, as weak fundamentals and broad uncertainty pressure demand,” said Carter Vieth, research analyst at ACT Research. “Unsurprisingly, tractor orders fell 43% y/y, to 8,4…
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