Orders for Class 8 trucks slumped in April

02 May 2023

Preliminary North American Class 8 truck net orders in April fell 27% from the same period of 2022 and 39% below the previous month, according to the latest State of the Industry report from ACT Research.

Class 8 preliminary orders in April

Class 8 orders in April were 11,600 units, while preliminary Classes 5-7 net orders were 18,000 units, down 10% from last year and just 6% below the March 2023 totals.

“Given robust Class 8 orders into year end, ensuing backlog support and normal seasonal order patterns, orders were expected to moderate into Q2,” said Eric Crawford, ACT’s vice president and senior analyst. “We expected SA (seasonally adjusted) orders in a range of 15,000 to 20,000 units per month into mid-Q3 ’23. Coupling those items with increasingly cautious readings from the ACT Class 8 Dashboard, April orders were weaker than expected on a standalone basis but bring the year to date monthly SA average to 17,500, squarely in line with our view.

Medium-Duty orders in April

“The recent turmoil in the banking sector likely tightened credit conditions for some industry participants and may have played a factor in exacerbating April’s weakness. Thus, while we expect orders to remain at subdued levels into mid-Q3’23, we are not inclined to think April’s order activity represents the likely run rate going forward.”

On the medium-duty side, Crawford noted that “demand declined year over year by single digits, moderating after two straight months of double-digit declines. April Classes 5-7 orders declined 10% year over year – down 6% from the previous month – to 18,000 units.”

Headquartered in Indiana, ACT Research is a global publisher of commercial vehicle truck, trailer and bus industry data, market analysis and forecasts for the North American and Chinese markets.


Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.

Sign up


The trusted reference and buyer’s guide for 83 years

The original “desktop search engine,” guiding nearly 10,000 users in more than 90 countries it is the primary reference for specifications and details on all the components that go into engine systems.

Visit Now

Becky Schultz Vice President of Content Tel: +1 480 408 9774 E-mail: [email protected]
Julian Buckley Editor Tel: +44 (0) 1892 784088 E-mail: [email protected]
Chad Elmore Managing Editor Tel: +1 262 754 4114 E-mail: [email protected]
Josh Kunz Power Progress Brand Manager Tel: +1 414 379 2672 E-mail: [email protected]
Roberta Prandi Power Progress International Brand Manager Tel: +39 334 6538183 E-mail: [email protected]
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: [email protected]