Final North American Class 8 net orders totaled 8,200 units in April, down 48% year-over-year, as published in ACT Research’s latest State of the Industry: NA Classes 5-8 report.
“April orders were at levels not seen since the onset of the pandemic, when similar uncertainty reigned,” Carter Vieth, Research Analyst at ACT Research, said. “In addition to self-inflicted economic stress, Q1’25 saw publicly traded TL carriers’ net income margins fall to the lowest levels since Q1’10 — an ominous signal.”
“Unsurprisingly, tractor orders fell 51% year over year, to 5,000 units. Vocational truck orders fell 44% year over year, totaling 3,200 units,” he continued.
Regarding medium duty, Vieth added, “Total Classes 5-7 orders fell 35% year over year to 12,800 units. MD orders have slowed across the past six months, as current bloated inventories and a weaker economic outlook weigh on new orders.”
ACT’s State of the Industry: NA Classes 5-8 report provides a monthly look at the current production, sales, and general state of the on-road heavy and medium duty commercial vehicle markets in North America. More information can be found, here.
