North American Class 8 net orders hit the third-highest total on-record last month – 52,600 units according to preliminary data released by FTR Wednesday.
Orders climbed 31% month-over-month and jumped three-fold from November 2019. Heavy truck orders for the past 12 months now stand at 250,000 units.
“The Class 8 market is trying to rebalance after suffering through woeful order numbers early in the pandemic,” said Don Ake, FTR vice president of commercial vehicles. “The huge November orders mean that Q4 will be a fabulous one, regardless of what comes in for December and that portends well for the expected increase in production early next year.”