ACT: North America Class 8 Production Hits 19-Month High



According to ACT Research, North America Class 8 production reached a 19-month high again in June following the stronger orders earlier this year.

“Annualized, June’s per-day production rate equals a full-year production of almost 270,000,” said Steve Tam, ACT Research’s vice president.

With orders moderating into the “soft season” and build ramping up, Class 8 backlogs are in decline.

“With seasonal orders slowing likely into September and for continued strong build rates, we expect backlog paring to continue the next few months,” Tam said. “As has been the case for some time, the backlog continues to be front-end loaded.”

Build outpaced retail sales in June in the North America medium duty market.

“Positively, stronger sales kept the inventory and retail sales ratio in check,” Tam said. “On a per-day basis, sales jumped over the 1,000-unit threshold for just the second time in the past 18 months in June.”

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
terry.mulreany@monitordaily.com
Susie Angelucci
Advertising: 484.459.3016
susie.angelucci@monitordaily.com

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com