ACT Research: Key risk to N.A. CV market forecasts is trade war with China
According to ACT Research’s latest release of the North American Commercial Vehicle Outlook, the key risk to all vehicle market forecasts, and the U.S. economy broadly, remains the trade war with China, ACT says.
Trailer orders up month-over-month but down year-over-year
New U.S. trailer orders of 21,600 were up 44% month-over-month, and after accounting for cancellations, net orders of 18,600 hit their third sequential increase in ten months, rising 73% from August, but down 68% compared to September of 2018.
