North American Class 8 truck orders fell 32% year-over-year to 20,500 vehicles in September, according to Bloomberg, citing FTR preliminary data. Month on month, it was the highest in eight months, Bloomberg added. Companies linked to truck production include Paccar (PCAR), Allison Transmission (ALSN), Cummins (CMI), Eaton (ETN) and Modine (MOD).
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PCAR:
- Trump Weekly: President threatens new tariffs, announces TikTok deal
- Trump threatens new tariffs on drugs, kitchen cabinets, trucks: Morning Buzz
- Early notable gainers among liquid option names on September 26th
- Video: Drugmakers, Paccar, Wayfair reacting to Trump tariff threats
- Morning Movers: Pharma, truck stocks react to Trump tariff announcements
