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Research Firm Says Truck Orders Were Up for 2011

by Admin 17. January 2012 10:03

 

 

While the final numbers won’t be released until later this month, ACT Research Co., LLC, in Columbus, Indiana, said the number of Class 8 commercial vehicle orders for December likely will approach 30,100 units. That brings the total number of class 8 vehicles ordered and/or sold to more than 305,000 for the calendar year, compared to just over 181,000 for 2010, according to the research firm.

That’s good news for the industry, as it continues showing strong growth in a flat economy. Part of the increase in orders was contributed to a tax break that expired on December 31. It allowed buyers to write off the cost of capital purchases in the calendar year in which the purchase was made.

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