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				Commercial Vehicle Orders Drop in February, But Still Healthy
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					Posted: 
					
						Mar 2, 2012 01:56 PM
					
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					Last Updated: Mar 27, 2012 08:27 AM
				
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				<p><big>COLUMBUS, IN &mdash; ACT Research reported today that North America medium and heavy-duty GVW classes 5-7 and Class 8 preliminary vehicle net orders for February were down from January.</big></p>
<p><big>The final numbers, ACT said, are approaching 22,500 units class 8 trucks and 12,800 for classes 5-7.</big></p>
<p><big>&ldquo;February net orders were incrementally below expectations,&rdquo; said Kenny Vieth, president and senior analyst, ACT Research.</big></p>
<p><big>&ldquo;However, healthy backlogs and strong orders over the previous four months continue to support our forecasts for 2012,&rdquo; he added.</big></p>
<p><big>The preliminary numbers are typically accurate to within 5 percent of the actual numbers, which are set to release mid-March.</big><br />
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