Truck production numbers show a trend toward smaller displacement engines and more straight trucks in the truck market, according to ACT Research and Rhein Associates.
October Class 8 orders were above 40,000 units for the eighth month in a row, but two different companies reporting the data put rather different spins on their analysis of the numbers.
Strong demand for light- and medium-duty trucks in the 2018 model-year increased order-to-delivery (OTD) times, resulting in widespread upfitter backlogs despite reduced fleet allocation availability due to competing strong retail demand for trucks.
Used truck prices stayed relatively flat in July but remained at favorable levels compared with the same month a year ago, according ACT Research.
Truck orders in the first quarter of 2018 hit the second highest mark in history and mark the best period for orders since 2006, according to ACT Research.
The 2019 Ram 1500, which is entering its 15th generation, will include a combination of three engines and three powertrains, including a 5.7L V-8, V-8 mild hybrid, 3.6L V-6 mild hybrid, and 3.0L V-6 EcoDiesel.
Order cut-off dates for key 2018 model-year fleet truck models, including Ram, Ford, and Chevrolet, are quickly approaching.
Orders of medium-duty vehicles surged in January and reached their highest level since the middle of 2006, according to ACT Research. Class 5 to 7 orders increased 39% during the month compared to January of 2017.
Order cut-off dates for several 2018 model year truck models are fast approaching, according to Wheels, Inc. General Motors and Fiat Chrysler Automobiles have announced earlier than normal cut-off dates as they plan to move production and retool their plants in preparation for upcoming new designs and changes.
Class 8 truck orders soared in January to their highest level since 2006, according to early reports from transportation analysts at ACT Research and FTR.
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