Class 8 truck orders hit 18,400 units in January

Class 8 truck orders hit 18,400 units in January

The final four months of 2022 brought about 159,000 Class 8 net orders.

According to a recent press release published by ACT Research, preliminary NA Class 8 net orders in December were 18,400 units, while NA Classes 5-7 net orders were 17,800 units.

“Given how robust Class 8 orders were into year-end, the relative pause in January is not surprising,” shared Eric Crawford, vice president and senior analyst, ACT Research. “We note that over the final four months of 2022, nearly 159,000 Class 8 net orders were placed, +92% y/y, and only 8% below those placed over the same period in 2020. January’s orders represent the first y/y decline in five months (August).” 

Crawford concluded, “MD demand was comparatively healthy. January Classes 5-7 orders rose 5% y/y (+2% m/m) to 17,800 units. The seasonally adjusted January intake, at 18,100 units, was +4% y/y (+12% m/m).”

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