All kenny vieth Articles
Tractor and vocational demand continued downward trend in June and July
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Everyone is eyeing Donald Trump, but a variety of factors killed off the 2027 Class 8 prebuy before it even began.
Economic uncertainty weighs further on already weakened demand
Trade and economic policy uncertainty have “thrown a wrench into business planning”
Prebuying has begun as buyers seek to get ahead of pending regulation
Class 8 net orders reached 36,800 units for the month
Vocational truck orders historically strong for third straight month
Ongoing strength in the vocational market likely to extend into 2025
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Lowest for-hire carrier profitability levels expected to offset vocational strength
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Preliminary net orders for Class 8 doubled the prior month’s intake
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Net orders for the month down 13% year over year
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Despite sales decline, pockets of strength continue to exist
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Class 8 overcapacity boosts inventory expectations for 2024, said ACT Research
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Decline may signal a slowdown of Class 8 capacity additions, ACT Research said.
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ACT Research pushes 2024 North American production and sales expectations higher
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While 2024 orders are expected to dip, 2027 regs will propel growth and decarbonization
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Potential inventory surge risk anticipated for Q1 2024
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Net orders fell 15,000 units from the prior month and 7.0% year over year
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Month-over-month increase of 9,000 units brings November’s total to 41,700
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North American figures for net orders remain above nominal, seasonal levels