Truck builders to see ‘lower-for-longer’ order levels into 2023: ACT Research

Class 8 orders were “subdued” in April, according to preliminary data from ACT Research, due to constrained production levels and long backlogs. The industry analyst reported 15,800 Class 8 orders and 19,500 Classes 5-7 orders in April. “With backlog ahead of the 12-month build plan, combined with constrained industry production, new orders remain largely subdued,” […]

Source: Truck News

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