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Fuso leads the way again

Fuso leads the way again

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Fuso has secured the number one position in New Zealand’s new truck market for the second year running, following on from ending Isuzu’s 21-year leadership run in 2021.

Data for 2022 also confirms a new record for new truck sales (with a GVM above 4.5 tonnes) with 5987 registrations for the full year. The market is up by 15.3% compared to 2021 (5190 registrations) and the 2022 total betters the previous record year in 2019 which saw 5314 registrations.

The new trailer market continues to track behind record volumes. The 2022 total registrations of 1400 units is down from the 1447 total achieved in 2021 and is 18.3% behind the all-time best of 1714 achieved in 2018.

Fuso not only topped the truck market but has also grown its market share during 2022. Closing the year with 199 registrations during November and December takes the Fuso registration total to 1249 units (a 22.4% increase year-on-year) and its full-year market share climbs from 19.6% to 20.9%.

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Fuso has secured the number one position in New Zealand’s new truck market for the second year running, following on from ending Isuzu’s 21-year leadership run in 2021.

Data for 2022 also confirms a new record for new truck sales (with a GVM above 4.5 tonnes) with 5987 registrations for the full year. The market is up by 15.3% compared to 2021 (5190 registrations) and the 2022 total betters the previous record year in 2019 which saw 5314 registrations.

The new trailer market continues to track behind record volumes. The 2022 total registrations of 1400 units is down from the 1447 total achieved in 2021 and is 18.3% behind the all-time best of 1714 achieved in 2018.

Fuso not only topped the truck market but has also grown its market share during 2022. Closing the year with 199 registrations during November and December takes the Fuso registration total to 1249 units (a 22.4% increase year-on-year) and its full-year market share climbs from 19.6% to 20.9%.

Isuzu (1117 full year/208 Nov-Dec) retains second place and 18.7% of the market while Hino and Scania continue to third and fourth place respectively in the 2022 market. Hino’s end of year numbers of 945 (full year) and 155 (Nov-Dec) are well ahead of Scania (512/87). Both brands grew sales last year with Hino’s total 19% ahead of 2021 and Scania up by 14.5%. 

Iveco (357/91) holds fifth position ahead of UD (294/55), Mercedes-Benz (276/41), Foton (250/27), Kenworth (226/20), and Volvo (187/37).

Fuso, Hino, Iveco, UD and Foton have all gained market share in the past year while Isuzu, Mercedes-Benz, Volvo, Kenworth lost share during 2021. Scania’s share of the total market remained unchanged at 8.6%.

In the crossover 3.5-4.5t GVM market segment, long-time sector leader Fiat (434/73) remains dominant. Posting 73 registrations in November/December sees Fiat claim 43.8% of the market. Mercedes-Benz (181/96) is way back….and in turn holds a huge margin over Volkswagen (76/16) and Chevrolet (74/15).

The 4.5-7.5t GVM sector is Fuso’s (604/93) strongest performing segment. It holds 32.5% market share ahead of Isuzu (371/72). Iveco (235/73) ranks third, followed by Hino (182/28) and Mercedes-Benz (172/26).

In the 7.5-15t segment, Isuzu (433/81) is the clear market leader, well ahead of Hino (300/47) and Fuso (249/42). 

Hino (120/17) clearly leads the 15-20.5t division ahead of FUSO (69/13) in second. UD (60/11), Scania (29/3), Isuzu (25/2) and Iveco (24/3) are next.

The 20.5-23t category continues to represent a tiny slice of the market. A strong finish to the year sees Fuso (16/8) leap ahead of Hino (13/0) to take the top spot and Sinotruk (4/1) is third.

In the premium 23t-maximum GVM segment, 2560 new registrations during 2022 is ahead of last year’s total registrations of 2171 and also slightly ahead of the highest previous yearly total of 2515 set in 2018.

Scania (483/84) is enjoying three years of sales leadership and 18.9% market share but the rest of the rankings are significantly changed compared to 2021.  

Hino (330/63) climbs from third into second while Fuso (311/43) also moves up a spot into third. Fourth ranked Isuzu (287/53) climbs two spots while Kenworth (226/20) slips from second to fifth. UD (222/42) is up two spots into sixth, Volvo (176/33) down two and DAF (145/17) down one comparing to their 2021 rankings. Mercedes-Benz (88/14) and MAN (85/20) complete the top-10.

In the trailer market Patchell achieves its 13th consecutive year as number one with 146 sales and a 10.4% market share during 2022.

Fruehauf (135/23) is second ahead of Roadmaster (110/17) and Domett (99/7). 

TMC (81/17) were busy in Nov-Dec moving into fifth position ahead of Transport Trailers (78/9) and M.T.E (76/3). Transfleet (51/10), Freighter (41/8) and Fairfax (38/7) all retain their positions to round out the top-10.


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