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Still slow on both fronts
Crediflex Recently Registered
New truck registrations continue to make a slow start to 2025 with February numbers well down on the same month last year, and the trailer segment is also performing at a slower pace.
According to NZTA provisional data there were 271 trucks (with a GVM of 4.5t-plus) registered in February, nearly half of the 475 registrations in February 2024. Year-to-date total registrations of 610 units is down from 937 units (a 34.89% decrease) on the same period last year.
Registration data also shows low numbers for new trailer registrations. The monthly total of 80 new trailers is well behind the February record of 133 registrations set last year and the YTD total of 167 units is down from the 280 registrations in the January-February period last year.
Isuzu regains truck market leadership with 53 registrations in February to lift its YTD number to 98, still a long way off the 194 registrations Isuzu had at the same time last year.
...New truck registrations continue to make a slow start to 2025 with February numbers well down on the same month last year, and the trailer segment is also performing at a slower pace.
According to NZTA provisional data there were 271 trucks (with a GVM of 4.5t-plus) registered in February, nearly half of the 475 registrations in February 2024. Year-to-date total registrations of 610 units is down from 937 units (a 34.89% decrease) on the same period last year.
Registration data also shows low numbers for new trailer registrations. The monthly total of 80 new trailers is well behind the February record of 133 registrations set last year and the YTD total of 167 units is down from the 280 registrations in the January-February period last year.
Isuzu regains truck market leadership with 53 registrations in February to lift its YTD number to 98, still a long way off the 194 registrations Isuzu had at the same time last year.
Hino follows with 31 registrations in February and 91 YTD while Fuso continues in third position with 39 registrations for the month and 79 YTD.
Behind Isuzu, Hino and Fuso in the 4.5t to maximum GVM truck market, the February figures show 75 registrations for Scania (75/37) YTD to claim fourth position ahead of Kenworth (47/18). Iveco (44/12) moves into sixth position ahead of Volvo (30/13), DAF (26/9), Mercedes-Benz (26/11) and UD (24/13) to round out the top-10.
In the 3.5-4.5t crossover segment, LDV (50/27) edges into number one ahead of Fiat (48/24), followed by Mercedes-Benz (26/17), Ford (14/6), Volkswagen (11/7), Renault (5/1), Iveco (3/0), Ram (2/0) and Peugeot (1/1).
The 4.5-7.5t category sees Isuzu (40/27) on top ahead of Iveco (26/8), Fuso (23/10), and Foton (14/5), while Hino (13/1), Volkswagen (13/6) and Mercedes-Benz (13/6) are tied in fifth position.
Hino (38/17) retains the lead of the 7.5-15t segment ahead of Fuso (32/18) and Isuzu (31/11), with these three brands gaining an 80.2% share of the market.
The small 15-20.5t category is led by Hino (12/5) with a clear lead ahead of UD (2/0) and Fuso (2/0).
The 20.5-23t segment shows three registrations for the month with Hino (4/2) taking over half the market share YTD ahead of Fuso (1/0) and Scania (1/1).
Scania (72/35) retains number one position in the premium 23t to maximum GVM category while Kenworth (47/18) holds onto second place ahead of Volvo (30/13), and Isuzu (27/15). DAF (26/9), Hino (24/6), Fuso (21/11), UD (21/12), Mercedes-Benz (10/3) and Iveco (9/2) round out the top-10.
There is no change at the top of the trailer market where Fruehauf continues with a clear lead with 12 registrations in February and 26 YTD. Second is Transport Trailers (15/5) ahead of Domett (13/8) in third and Patchell (11/4) in fourth.
TMC (9/4) and Roadmaster (9/5) are tied in fifth with TES (7/3) and MTE (7/4) tied in seventh while Transfleet (6/2) and Lowes (6/3) are tied in ninth to round out the top-10 trailer brands.