Truck Orders Fall for the Quarter, Up Big from Last Year

Truck orders are down this quarter which means people have bought fewer trucks. The orders are still up from mast year, though. People bought many more this year. Trucks are becoming more popular obviously. Keeping track of what people are buying helps when you want to know what is popular.

Key Takeaways:

• ACT research notes that truck orders are much higher this year, within the heavy and medium segment parts of the industry.
• This remains true, even though the numbers did fall significantly in the second quarter.
• The second quarter showed an almost forty percent increase over last year, although the numbers were more than five percent lower than the unusually high first quarter.

“Truck orders in the heavy- and medium-duty segments fell in the second quarter of 2017, but are still much higher than they were a year ago, according to a report from ACT Research.”

http://www.worktruckonline.com/channel/vehicle-research/news/story/2017/07/truck-orders-fall-for-the-quarter-up-big-from-last-year.aspx