At the beginning of the final financial quarter, of the year one particular market has already recorded a 10% decrease in sales. Medium-Duty trucks classes 5 to 7 commercial vehicles has fallen drastically in October. The fall in sales from last year at this time is down 18% according to ACT research. Usually, October has been a strong month for the purchasing of Medium-Duty Trucks.
- Orders of classes 5 to 7 vehicles declined 10% in October, while heavy duty orders were flat, according to ACT Research.
- Orders were down 18% from October of 2015
- October is typically a strong order month for medium- and heavy-duty vehicles
“The preliminary data shows an month that reversed trend of stronger medium-duty and weaker heavy-duty orders. ACT will post final numbers by the middle of the month.”