Class 8 Truck Orders
Class 8 Truck Orders in November 2024
As of November 2024, Class 8 truck orders continue to indicate a complex market dynamic, with fluctuations reflecting strong demand in the vocational sector balanced by moderation in other segments. Economic drivers and regulatory preparations are influencing both for-hire and vocational truck orders.
Class 8 Truck Orders Overview
Preliminary North America Class 8 net orders for October 2024 were 30,600 units, a decrease of 5.2% year-over-year. Seasonally adjusted, orders totaled 24,500 units, reflecting a 30% drop from September’s levels. Final industry data for October will be published by ACT Research in mid-November.
“While we always caution that one month does not make a trend, September’s orders suggest queuing for the limited build slots between now and the beginning of 2027 has begun. With tractor demand suspect, vocational truck production should continue to surge into 2025."
Kenny Vieth
President & Senior Analyst
To learn more about the current dynamics in the commercial vehicle industry, check out the State of the Industry reports. And to see what ACT forecasts will happen in the Class 8 market over the next few years, check out the North America commercial vehicle forecast.
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