State of the Industry: N.A. Classes 5-7 Bus Market
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1 Americas Commercial Transportation Research Co., LLC State of the Industry: N.A. Classes 5-7 Bus Market October & YTD 017 Data Published November 0, 017 Contributor to Blue Chip Economic Indicators State of the Industry: N.A. Classes 5-7 Bus Market is published monthly by Americas Commercial Transportation Research Company, LLC (ACT), 00 Ray Boll Blvd., Columbus, IN 703. Phone: , Fax: , Copyright 017 by ACT with all rights reserved. Reproduction, copying, or publication of this report in whole or part is not permitted without prior approval. This document is for internal use only. Questions and subscription requests should be directed to K.W. Vieth, Publisher.
2 State of the Industry: N.A. Classes 5-7 Bus Market Report Contents Page(s) Bus Market Statistics N.A. Current Month N.A. Year to Date U.S. Current Month U.S. Year to Date Canada, Export, Mexico Current Month Canada, Export, Mexico Year to Date School/Urban Bus Graphs Net Orders Build & Y/Y % Change Net Orders & Build, 6 Month Avg. Cancellation Rate Backlog & Backlog/Build Ratio Build & Backlog/Build Ratio N.A. Retail Sales Net Orders/Retail Sales Ratio Inventory/Retail Sales Ratio BUILD LOCATION: The geography of a built unit reflects the market for which it is destined, NOT the country in which the actual production takes place. Current N.A. OEM build occurs in the United States, Canada, and Mexico. November 017 N.A. Classes 5-7 Bus Market
3 BUS INDUSTRY MANAGEMENT STATISTICS* NORTH AMERICA October 017 CURRENT MONTH STATISTICS Cl. 5 Cl. 5 Cl. 5 Cl. 5 Cl. 6-7 Cl. 6-7 Cl. 6-7 Cl. 6-7 SCHOOL SHUTTLE/ URBAN/ SCHOOL SHUTTLE/ URBAN/ GRAND VARIABLE BUS COMM OTHER TOTAL BUS COMM OTHER TOTAL TOTAL. Backlog , ,67 6,57. Build , ,980 3,35. Inventory , ,868,980. New Orders , ,813 1,85. Orders Cancel Net Orders , ,778 1,808. Retail Sales , ,993 3,07 MONTHLY PERFORMANCE: October Build Days Order/Sales Days. Build: units/day Net Orders: un/dy Retail Sales:un/dy Orders Cancel: % BL % 3.3% 0.3% 1.8% 5.3% 0.5% 0.6%. rate in months** rate in months** *Excludes Transit/City/Intercity applications; Includes Class 8 School Buses ** Backlog to Build and Inventory to Retail Sales Ratios are normalized to 1 days. NOTE: Data supplied for your internal use only. External distribution is not permitted without prior approval. Electronic or other re-release of Classes 5-8 vehicle statistics through electronic media is not authorized except in written summaries (no data tables) supporting the business of the subscribing SOI company. ACT Research Co., LLC must be creditied as the data source. November 017 N.A. Classes 5-7 Bus Market Page 1
4 YEAR-TO-DATE STATISTICS BUS INDUSTRY MANAGEMENT STATISTICS* NORTH AMERICA October 017 Cl. 5 Cl. 5 Cl. 5 Cl. 5 Cl. 6-7 Cl. 6-7 Cl. 6-7 Cl. 6-7 SCHOOL SHUTTLE/ URBAN/ SCHOOL SHUTTLE/ URBAN/ GRAND VARIABLE BUS COMM OTHER TOTAL BUS COMM OTHER TOTAL TOTAL. Backlog , ,67 6,57. Build , ,058 37,95 37,915. Inventory , ,868,980. New Orders ,80 655,111 36,06 36,38. Orders Cancel , ,57 1,593. Net Orders , ,8 3,7 3,791. Retail Sales , ,970 37,188 37,500 YEAR-TO-DATE PERFORMANCE: October 08 Build Days 1 Order/Sales Days. Build: units/day Net Orders: un/dy Retail Sales:un/dy Orders Cancel: % BL % 35.0% 19.% 98.% 90.0%.3%.%. rate in months** rate in months** *Excludes Transit/City/Intercity applications; Includes Class 8 School Buses ** Backlog to Build and Inventory to Retail Sales Ratios are normalized to 1 days. NOTE: Data supplied for your internal use only. External distribution is not permitted without prior approval. Electronic or other re-release of Classes 5-8 vehicle statistics through electronic media is not authorized except in written summaries (no data tables) supporting the business of the subscribing SOI company. ACT Research Co., LLC must be creditied as the data source. November 017 N.A. Classes 5-7 Bus Market Page
5 BUS INDUSTRY MANAGEMENT STATISTICS* UNITED STATES October 017 CURRENT MONTH STATISTICS Cl. 5 Cl. 5 Cl. 5 Cl. 5 Cl. 6-7 Cl. 6-7 Cl. 6-7 Cl. 6-7 SCHOOL SHUTTLE/ URBAN/ SCHOOL SHUTTLE/ URBAN/ GRAND VARIABLE BUS COMM OTHER TOTAL BUS COMM OTHER TOTAL TOTAL. Backlog , ,99 5,99. Build ,1 57 -,199,51. Inventory ,600-3,8 3,859. New Orders ,36 9-1,85 1,85. Orders Cancel Net Orders ,0 7-1,67 1,67. Retail Sales - -, ,363,367 MONTHLY PERFORMANCE: October Build Days Order/Sales Days. Build: units/day Net Orders: un/dy Retail Sales:un/dy Orders Cancel: % BL % 1.8% - 0.3% 0.3%. rate in months** rate in months** *Excludes Transit/City/Intercity applications; Includes Class 8 School Buses ** Backlog to Build and Inventory to Retail Sales Ratios are normalized to 1 days. NOTE: Data supplied for your internal use only. External distribution is not permitted without prior approval. Electronic or other re-release of Classes 5-8 vehicle statistics through electronic media is not authorized except in written summaries (no data tables) supporting the business of the subscribing SOI company. ACT Research Co., LLC must be creditied as the data source. November 017 N.A. Classes 5-7 Bus Market Page 3
6 YEAR-TO-DATE STATISTICS BUS INDUSTRY MANAGEMENT STATISTICS* UNITED STATES October 017 Cl. 5 Cl. 5 Cl. 5 Cl. 5 Cl. 6-7 Cl. 6-7 Cl. 6-7 Cl. 6-7 SCHOOL SHUTTLE/ URBAN/ SCHOOL SHUTTLE/ URBAN/ GRAND VARIABLE BUS COMM OTHER TOTAL BUS COMM OTHER TOTAL TOTAL. Backlog , ,99 5,99. Build , ,070 31,390. Inventory ,600-3,8 3,859. New Orders , ,178 30,196. Orders Cancel , , 1,3. Net Orders , ,936 8,953. Retail Sales , ,05 31,06 YEAR-TO-DATE PERFORMANCE: October 08 Build Days 1 Order/Sales Days. Build: units/day Net Orders: un/dy Retail Sales:un/dy Orders Cancel: % BL % 96.5% - 0.7% 0.7%. rate in months** rate in months** *Excludes Transit/City/Intercity applications; Includes Class 8 School Buses ** Backlog to Build and Inventory to Retail Sales Ratios are normalized to 1 days. NOTE: Data supplied for your internal use only. External distribution is not permitted without prior approval. Electronic or other re-release of Classes 5-8 vehicle statistics through electronic media is not authorized except in written summaries (no data tables) supporting the business of the subscribing SOI company. ACT Research Co., LLC must be creditied as the data source. November 017 N.A. Classes 5-7 Bus Market Page
7 BUS INDUSTRY MANAGEMENT STATISTICS* CANADA, MEXICO, EXPORT October 017 CURRENT MONTH STATISTICS Cl. 5 Cl. 5 Cl. 5 Cl. 5 Cl. 6-7 Cl. 6-7 Cl. 6-7 Cl. 6-7 SCHOOL SHUTTLE/ URBAN/ SCHOOL SHUTTLE/ URBAN/ GRAND VARIABLE BUS COMM OTHER TOTAL BUS COMM OTHER TOTAL TOTAL. Backlog Build Inventory ,06 1,11. New Orders Orders Cancel Net Orders Retail Sales MONTHLY PERFORMANCE: October Build Days Order/Sales Days. Build: units/day Net Orders: un/dy Retail Sales:un/dy Orders Cancel: % BL % 3.3% 0.0% - 5.3% 3.6% 3.6%. rate in months** rate in months** *Excludes Transit/City/Intercity applications; Includes Class 8 School Buses ** Backlog to Build and Inventory to Retail Sales Ratios are normalized to 1 days. NOTE: Data supplied for your internal use only. External distribution is not permitted without prior approval. Electronic or other re-release of Classes 5-8 vehicle statistics through electronic media is not authorized except in written summaries (no data tables) supporting the business of the subscribing SOI company. ACT Research Co., LLC must be creditied as the data source. November 017 N.A. Classes 5-7 Bus Market Page 5
8 YEAR-TO-DATE STATISTICS BUS INDUSTRY MANAGEMENT STATISTICS* CANADA, MEXICO, EXPORT October 017 Cl. 5 Cl. 5 Cl. 5 Cl. 5 Cl. 6-7 Cl. 6-7 Cl. 6-7 Cl. 6-7 SCHOOL SHUTTLE/ URBAN/ SCHOOL SHUTTLE/ URBAN/ GRAND VARIABLE BUS COMM OTHER TOTAL BUS COMM OTHER TOTAL TOTAL. Backlog Build ,13,058 6,5 6,55. Inventory ,06 1,11. New Orders ,753,111 5,868 6,188. Orders Cancel Net Orders ,71 3,8 5,538 5,838. Retail Sales , ,970 6,13 6,38 YEAR-TO-DATE PERFORMANCE: October 08 Build Days 1 Order/Sales Days. Build: units/day Net Orders: un/dy Retail Sales:un/dy Orders Cancel: % BL % 33.3% 6.6% % 69.8% 65.7%. rate in months** rate in months** *Excludes Transit/City/Intercity applications; Includes Class 8 School Buses ** Backlog to Build and Inventory to Retail Sales Ratios are normalized to 1 days. NOTE: Data supplied for your internal use only. External distribution is not permitted without prior approval. Electronic or other re-release of Classes 5-8 vehicle statistics electronic media is not authorized except in written summaries (no data tables) supporting the business of the subscribing SOI company. ACT Research Co., LLC must be creditied as the data source. November 017 N.A. Classes 5-7 Bus Market Page 6
9 N.A. Classes 5-7 Bus: Net Orders 6 Units (000s) Net Orders 6MMA Source: ACT Research Co., LLC: Copyright 017 N.A. Classes 5-7 Bus: Build 6 5 Units (000s) Y/Y % Chg. 6MMA Build Y/Y % Chg Source:ACT Research Co., LLC: Copyright 017 November 017 N.A. Classes 5-7 Bus Market Page 7
10 N.A. Classes 5-7 Bus: Net Orders 1 Mo. Avg. and Build 5500 Units Total Build Net Orders 1MMA Source: ACT Research Co., LLC: Copyright % N.A. Classes 5-7 Bus: Cancellation Rate Monthly 6MMA Source: ACT Research Co., LLC: Copyright 017 November 017 N.A. Classes 5-7 Bus Market Page 8
11 1 N.A. Classes 5-7 Bus: Backlog and BL/BU Units (000's) BL/BU Ratio (Months) BL/BU Ratio Backlog Source: ACT Research Co., LLC: Copyright N.A. Classes 5-7 Bus: Build and BL/BU Units (000's) BL/BU Ratio (Months) BL/BU Ratio Build BU 6MMA Source: ACT Research Co., LLC: Copyright 017 November 017 N.A. Classes 5-7 Bus Market Page 9
12 6 5 N.A. Classes 5-7 Bus: Retail Sales Units (000s) Y/Y % Chg. Retail Sales 6MMA Y/Y % Chg Source: ACT Research Co., LLC: Copyright N.A. Classes 5-7 Bus: IN/RS Ratio Units (000s) IN/RS Ratio Retail Sales Inventory IN/RS Ratio Source: ACT Research Co., LLC: Copyright 017 November 017 N.A. Classes 5-7 Bus Market Page 10
13 This page left blank intentionally. November 017 N.A. Classes 5-7 Bus Market
14 STATE OF THE INDUSTRY SERIES NORTH AMERICA BUS MARKET REPORT ACT Research Co., LLC, 017
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