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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... ... 

New Zealand’s new truck and trailer market came down with COVID-19 again in August – the country’s Level 4 lockdown decimating sales.

Waka Kotahi NZ Transport Agency statistics show that the overall truck market (over 4.5 tonnes GVM) plunged to just 283 new truck registrations for the month. 

That was a 34% drop on the previous month’s 429 total, and 29% down on August last year (with 399 registrations).

The trailer industry fared worse: The month saw just 75 new trailers registered – down 44% from July’s 134….and a 33% drop from August 2020’s 112.

Year to date truck registrations at the end of August stood at 3084 – still ahead of last year’s COVID-ravage... ...