Class 8 truck orders
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News
Holding pattern: July Class 8 truck orders hide underlying demand
The last time demand was this high for new Class 8 trucks, fleets placed record orders. Not this time because manufacturing capacity is limited.
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Equipment
Fall in May Class 8 truck orders masks underlying demand
Declining Class 8 truck orders in May are deceptive. Fleets would order more but they are holding off because it might take a year to…
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News
April Class 8 truck orders: Too much of a good thing?
Microchip shortages and skyrocketing commodity prices make it unlikely that any of the 33,500 new Class 8 trucks ordered in April will be built this…
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Company earnings
Flush with new models, PACCAR posts strong first-quarter financial results
PACCAR puts up strong Q1 numbers, including record parts sales that suggest the new truck backlog is boosting aftermarket sales.
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Company earnings
Volvo expects up to a month of chip shortage downtime
Sweden’s Volvo AB reported a record operating margin in Q1 following a warning of up to a month of downtime due to microchip shortages.
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Newsletters
Transmission: Can Class 8 truck producers keep up with demand?
There continue to be concerns about when these new orders will be prepared, as many truck manufacturers continue to deal with semiconductor shortages.
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Equipment
March Class 8 orders of 40,000 add to dizzying industry backlog
March Class 8 truck orders fell slightly from February, but still added to an industry backlog that manufacturers are struggling to reduce.
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Equipment
February Class 8 orders extend surging demand for new trucks
Class 8 truck orders have exceeded 30,000 a month for six consecutive months, more bookings than in the previous 18 months combined.
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Company earnings
Volvo Group reports lower 2020 sales but strong profit margins
Weathering the COVID pandemic drove Volvo Group sales lower in 2020, but market share was stable and new orders are pouring in.
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Trucking
Robust January Class 8 truck orders come with a warning
Parts shortages and supply chain issues could push planned Q1 production into spring as robust orders continue in January.
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