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Class 8 sales nose-dive

Published Thursday, February 05, 2009

Preliminary data shows that Class 8 orders continued their significant slump in January, with total net orders for all major North American OEMs at 7,608 units, down 12% from December 2008, according to numbers compiled by FTR Associates. January 2009 Class 8 vehicle net order activity was 66% lower than January 2008, FTR reported, equaling an annualized rate of 91,296 units, a significant shortfall compared to 2008. Those numbers include Class 8 orders in U.S., Canada, and Mexico, as well as exports, showing that January 2009 was the weakest month for Class 8 sales in the ...

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