Freightliner: Class 8 Orders Slow Beyond Expectations

Truck News reported that Freightliner officials speaking at a recent press event admitted Class 8 order activity has slowed beyond expectations, but insisted they maintain an optimistic outlook for the remainder of the year.

According to the trade publication, a Freightliner official said there is not one single issue driving the slowdown in the Class 8 truck market, but a combination including: slowing economic growth; declining consumption; slumping factory output and a gloomy consumer base.

Lampert also noted, according to Truck News, “One reason fleets may not be rushing to their dealers to place substantial orders is that with the current soft demand, there’s really no reason to do so. Production has slowed to the point where a new tractor can be delivered within seven weeks from the time it’s ordered.”

To read the full Truck News article click here.