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Class 8 orders up 31.5% in July

Posted by Genie Wood on Thu, Sep 08, 2011 @ 02:06 PM

Clas 8 sales in July rose by 31.5 percent to 12,609 units. This was an increase from the 9,589 units that were sold in July last year.

According to trade publication Transport Topics, the number of heavy-duty U.S. retail trucks that have been sold this year as of June is 84,677 vehicles. This is a 43.9 percent increase from the 58,846 trucks that were sold at the same time in 2010.

Although the rate of sales had been around 20,000 a month towards the beginning of the year, July sales were expected to be less at about 18,000. In reality, sales were even lower than the predicted 18,000 trucks, but the numbers were still up from July of 2010.

As reported by ACT Research president Kenny Vieth, July is historically the weakest month of the year for Class 8 orders.

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