Class 8 Retail Sales at 9 Month High
Americas Commercial Transportation (ACT) Research Co's State of the Industry
report identifies that class 8 truck retail sales are at a 9 month high.
Class 8 net orders fell below 20,000 units for the first time since September at 18,830 units. Class 8 retail sales were at a nine-month high after seasonal adjustments, says Kenny Vieth, ACT's president and senior analyst. Inventory-retail sales ratios dropped to its lowest level since November 2011, excluding the last two Decembers.
For more information, visit www.actresearch.net
By Jennifer Petty
on July 29, 2013