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Fly News Breaks for December 5, 2018
WBC, ALSN, ETN, CMI, PCAR, NAV
Dec 5, 2018 | 09:22 EDT
Preliminary Class 8 truck orders for November fell 15% year-over-year to 27,900 units according to ACT Research, JPMorgan analyst Ann Duignan tells investors in a research note. The analyst points out that November represents the first year-over-year monthly decline in 2018. The names she covers that have the largest exposure to Class 8 truck orders are Navistar (NAV), Paccar (PCAR), Cummins (CMI), Eaton (ETN), Wabco (WBC) and Allison Transmission (ALSN).
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