Year-end spike in truck orders bodes well for 2012
A December spike in preliminary commercial trucks net orders last year is generating a more positive outlook for truck sales in 2012, according to industry analysts.ACT Research Co. reported that preliminary net orders of Class 8 trucks in North America topped 30,100 units in December – higher than forecasted, the firm stressed – while net orders for medium-duty Classes 5-7 vehicles exceeded 13,300 units.
“This is a really happy place to be,” Steve Tam, ACT’s vp-commercial vehicle sector, told Fleet Owner. “This level of order intake was better than anticipated and was more than sufficient to support ACT’s 2012 forecast. Even if orders don’t continue to increase sequentially, we have enough of a backlog cushion that our outlook remains solid.”
Tam noted that the commercial vehicle order backlog now stands at 130,000 units, a figure he describes as “quite healthy,” which more than supports ACT’s total 2012 commercial truck sales forecast of 296,000 units for the North American market.
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