ACT: Truck order cycle on upward trend
Optimism based on strong January Class 8 and medium-duty orders, firm says.
Strong January orders for Class 8 and medium-duty trucks – especially for vocational units – may indicate that the “bottom” of the current truck buying slump may now be firmly in the industry’s rear-view mirror, according to Kenny Vieth, president and senior analyst with ACT Research.
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Source:: http://fleetowner.com/equipment/act-truck-order-cycle-upward-trend
