5/4/2012 2:00:00 PM
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Truck producers received 17,200 new orders in April for Class 8 vehicles, a 55% drop from 38,094 in April 2011, ACT Research Co. reported.
Through the first four months of 2012, North American customers have ordered 84,855 new heavy-duty vehicles, a 28.6% drop compared with the 118,855 heavy-duty vehicles ordered in the first four months last year, ACT said Thursday.
â€œWe were broadly disappointed in the orders, but we donâ€™t think that one month is an indication of where trucking is going,â€� Steve Tam, ACTâ€™s vice president, commercial vehicle sector, told Transport Topics.
â€œACT Research is still standing pat on our projecting 299,000 Class 8 builds in North America this year,â€� Tam said.
The previous time the heavy-duty industry received fewer orders was in September 2010, when ACT counted 15,259 orders.
Â© 2012, Transport Topics Publishing Group. All rights reserved.
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