FTR Reports Class 8 Orders Surged in October


FTR has released preliminary data showing October Class 8 truck net orders rising 39% from September to 25,960 units. October 2013 orders improved 14% year over year and are the highest since December 2011. Orders for the three-month period including October annualize to 244,500 units. Preliminary order numbers are for all major North American OEMs.

Click here to view the latest release and an interactive graph of the Class 8 Truck Orders>

Don Ake, FTR Vice President commented “The increase in orders is broad-based and not isolated to any one OEM. The number is at the high end of our expectations and will likely help to solidify build activity in the short term. The three month annualized rate is right in line with our 2014 forecast.”

Final data for October will be available from FTR later in the month as part of its North American Commercial Truck & Trailer Outlook service. To contact FTR, send an email to [email protected] or call (888) 988-1699 ext. 1.