kscarbel2 Posted September 9, 2016 Share Posted September 9, 2016 Heavy Duty Trucking / September 8, 2016 Orders of medium-duty vehicles in Class 5 to 7 increased 10% to 16,900 in August and rebounded to a three-month high, according to industry analysts. The move higher was not surprising, as early summer months typically show a softening of truck ordering. However, the trend is showing that medium-duty vehicle demand has moderated. Despite rising 10% from July, orders failed to reach year-ago levels for a third time in the past four months, dropping 5% from year-ago August. Despite slower orders in recent months, Class 5-7 net orders are running 3% ahead of year-ago order levels through August. Year to date, Class 5-7 net orders have been booked at an annualized rate just over 231,000 units. Quote Link to comment https://www.bigmacktrucks.com/topic/46774-medium-duty-orders-rebound-in-august/ Share on other sites More sharing options...
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