Class 8 Truck Orders

Dan Moyer, senior analyst, commercial vehicles, commented, “While OEMs experienced an overall month-over-month decline in order activity for December, most OEMs performed above seasonal expectations as net orders maintained relatively high levels for what is typically a softer order month. There also wasn’t any notable difference in vocational segment month-over-month order movement performance versus how on-highway performed this month.

“We continue to watch the ongoing discussions and developments related to President-elect Trump’s plans to impose immediate tariffs on imports from Mexico, Canada, and China as more than 40% of Class 8 trucks sold in the U.S. are built in Mexico. Tariffs could significantly disrupt supply chains and raise production costs, compounding disruptions already anticipated due to EPA 2027 NOx regulations. Fleets may adjust order and retail demand strategies in response.”