Understanding the current commercial vehicle market is pertinent for so many businesses. For sales projections and budgeting and many more reasons, understanding the current state of the industry is why ACT Research developed it's State of the Industry series, particularly the N.A. Classes 5-8 report.
The foundation of this report is the monthly data provided to ACT Research by the OEMs. This direct access to the manufacturers is critical to the report's success and insights into the current market. ACT releases both preliminary and finalized numbers based on the OEMs data as well as a complete report on the state of the industry.
This report is complete with:
- Monthly market indicators for Class 5 and Classes 6-7 chassis and Class 8 trucks and tractors: backlog, build, inventory, new orders, cancellations, net orders, and retail sales.
- Class 5 and Classes 6-7 segmented by trucks, buses, RVs, and step vans, Class 8 segmented by tractors with and without sleepers and trucks with and without sleepers.
- Executive Summary
- Rolling six-month industry build plan
- Backlog timing analysis
- Historical data (1996 to current)
- PowerPoint graph pack
- Preliminary net orders for the previous month published
Coverage of the bus, RV market is critical for full market understanding. Not all production is trucks, thus this coverage allows for a better, more clearly define scope of the market.
One of the most important aspects of this report is the accompanying database. Historical data is available in Excel documents dating from 1996 to the present. With the monthly data provided by the OEMs, this report offers a rich data history that aids in model building, market intelligence for various companies.
The types of business that benefit from ACT's State of the Industry N.A. Classes 5-8 Vehicles report include commercial vehicle manufacturers and suppliers, as well:
- Investors in the OEMs
- Supply chain or companies involved in the movement/logistics of freight
- Commercial vehicle lenders
- Lease/rental companies
Manufacturers use this information and analysis for short-term planning and forecasting, market understanding and awareness, and informing management of the current health of the industry.
Investors use this product to create models, assess risk, and support their research. In addition to the market overview this report provides, commercial vehicle lenders and lease/rental companies use the analysis to make operational decisions impacting portfolio and fleet size.
This report is a great compliment to ACT'S N.A. CV Outlook report as it gives the monthly, tactical data to support the Outlook.
ACT Research is recognized as the leading publisher of commercial vehicle truck, trailer, and bus industry data, market analysis and forecasts for the North America and China markets. ACT’s analytical services are used by all major North American truck and trailer manufacturers and their suppliers, as well as banking and investment companies. ACT Research is a contributor to the Blue Chip Economic Indicators and a member of the Wall Street Journal Economic Forecast Panel. Executive staff appointments include a seat on the Board of Directors of the National Association for Business Economics and Consulting Economist to the National Private Truck Council. Accolades include Chicago Federal Reserve Automotive Outlook Symposium Best Overall Forecast, Wall Street Journal Top Economic Outlook, and USA Today Top 10 Economic Forecasters. More information can be found at www.actresearch.net.