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The New Zealand truck market continues to establish new records.

The monthly total of 511 new registrations (GVM 4.5 tonnes-plus) is the best March result on record, a 1.5% increase on the 503 units achieved in March 2020.

A record monthly figure also boosts the YTD (January-March) total to 1306 units, which is the best first-quarter performance ever. The YTD total is just 0.46% up on March 2019 record levels but provides a good measure of the recovery since the initial impact of Covid-19 saw the market slump to 795 units in the first quarter of 2020.

It’s a slower start to the year for new trailer registrations, although the 140 registrations in March 2022 is a slig... ... 

New truck registrations are continuing a strong beginning to 2022.

January provided a positive start and the NZTA provisional data confirms the market achieved its best February result on record.

There were 455 new trucks (with a GVM of 4.5 tonnes-plus) registered during February. It’s an impressive 41.7% increase on the 321 sales in February 2021 and also an increase of 18.8% increase on 2019 figures which had stood as the strongest February sales total on record. 

The success in the truck market was reflected in the overall new vehicle market where February sales were also the highest on record. However the market is being distorted by accelerated sales of lig... ... 

New truck registrations in January tracked largely as expected, recording a stronger start to the year than in 2021, but still some way behind record numbers.

According to NZTA provisional data there were 340 trucks (with a GVM of 4.5 tonnes-plus) registered in the first month of the new year, a solid 15.2% increase on the 295 sales in January 2021. However 2019 still provides the strongest January on record for truck sales with 416 registrations.

While truck sales increased it was mixed start overall for the transport industry. Official NZ Transport Agency registration data shows that trailer registrations were down year-on-year for the start of 2022 with 86 sales being 1... ... 

Clearly, we’re living in weird times – so it’s no surprise that New Zealand’s new truck market is also behaving a little strangely.

In October, for instance, the market seemed to find some stability – even as COVID-19 emergency levels around the country see-sawed up and down.

Truck sales for the overall market (above 4.5 tonnes GVM) were almost identical to the previous month – 477 (in October), 475 in September.

Waka Kotahi NZ Transport Agency statistics show that this was a 32.1% improvement on October 2020 (when just 361 new trucks were registered) – but only slightly down on the last “normal” (ie pre-COVID-effected) year, in 2019…when there were 480 registrations... ...