September preliminary North America Class 8 net orders were 37,100 units, doubling last month’s intake and up 0.3% year over year, according to ACT Research.
“Class 8 orders jumped well above trend and seasonally elevated expectations in September. Historically, September is the first month of stronger orders, as the OEMs open their order books to next year’s orders. As such, for the first time since March, seasonality lowers the monthly order volume. On a seasonally adjusted basis, Class 8 orders jumped 92% from August, to 35,200 units, a 423k SAAR,” Kenny Vieth, president and senior analyst at ACT Research, said. “Medium-duty orders continued at range-bound levels on a very slowly declining trend. Preliminary NA Classes 5-7 orders were mixed, rising nominally M/M, but falling seasonally. In September, MD net orders fell 4,700 units, or 20% Y/Y, to 19,100 units.”
