COLUMBUS, IN – The most recent data continues to reflect improved demand across all segments of the heavy-duty commercial vehicle market. Class 8 truck net orders continue at a strong pace, and after a slight pause in January, commercial trailer orders have returned to a solid growth trajectory.
The latest release of the ACT North American Commercial Vehicle OUTLOOK reflects the impact of a U.S. economic recovery proceeding at a slow, but self-sustaining pace. This economic outlook, combined with recent market performance, suggests that ACT’s forecasts for rising commercial vehicle production through 2011 and into 2012 are on track.