EquipmentNewsTop StoriesTrucking ‘A major forecast haircut in a period of ripping demand’

Sep 26, 2021 at 06:30 AM CST
The Columbus, Indiana-based business management consultancy lowered its Class 8 truck production forecast from 308,000 to 265,000 with “additional downside risk,” Kenny Vieth, ACT president and senior analyst, told FreightWaves. “For North America heavy trucks, the result has been sizable gaps between build plans and actual production, especially in June and July, and prospectively in the months ahead,” he said. ”And if the factory can’t build, then the dealers can’t sell.”

Sep 26, 2021 at 06:30 AM CST

The Columbus, Indiana-based business management consultancy lowered its Class 8 truck production forecast from 308,000 to 265,000 with “additional downside risk,” Kenny Vieth, ACT president and senior analyst, told FreightWaves. “For North America heavy trucks, the result has been sizable gaps between build plans and actual production, especially in June and July, and prospectively in the months ahead,” he said. ”And if the factory can’t build, then the dealers can’t sell.”