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COMMENT: February US HD data boosted by fleets and replacement demand

BY OLIVER DIXON. January and February data was strong; three strong successive months would indicate a highly positive environment

February order data for North America is highly positive. A Class 8 number at 29,200 for a short month is surprisingly high and represents a 30% year-on-year increase. Granted, on a sequential basis, intake was down 16%, but even so, with both three and six month SAAR build rates now north of 300,000 units

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