FTR: Class 8 orders for June remain depressed

FTR releases preliminary Class 8 net orders for June at 13,000 units, 8% below May and -34% Y/Y. June 2016 order activity was the lowest monthly total since July 2012 and the worst June since 2009.

FTR said it expects Class 8 orders to remain tepid through the summer months. All OEM’s were equally impacted by slow order intake. The annualized rate of orders continues to drop, at 162,000 now for past three months, 185,000 for the past six months and 224,000 over the past 12 months.

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Source:: http://fleetowner.com/equipment/ftr-class-8-orders-june-remain-depressed