Crediflex Recently Registered
Truck market still running strong
Crediflex Recently Registered
Another steady sales month during September sees the New Zealand new truck market remaining on track to achieve a record year.
New truck registration figures for September sees 587 trucks with a GVM of 4.5 tonnes or more being registered. The year-to-date (YTD) total is now 4648 registrations, according to official NZ Transport Agency data.
The 587 unit monthly total is a decrease from last year’s 649 registrations, however the YTD total of 4648 sees the market still running 5.4% ahead of the same period last year.
The trailer market also remains strong with 142 new registrations in September and 1175 for the first nine months of the year. This makes it 121 registrations ahead of the same period last year but still falls short of 2018’s previous record of 1312 registrations.
...Another steady sales month during September sees the New Zealand new truck market remaining on track to achieve a record year.
New truck registration figures for September sees 587 trucks with a GVM of 4.5 tonnes or more being registered. The year-to-date (YTD) total is now 4648 registrations, according to official NZ Transport Agency data.
The 587 unit monthly total is a decrease from last year’s 649 registrations, however the YTD total of 4648 sees the market still running 5.4% ahead of the same period last year.
The trailer market also remains strong with 142 new registrations in September and 1175 for the first nine months of the year. This makes it 121 registrations ahead of the same period last year but still falls short of 2018’s previous record of 1312 registrations.
In the overall heavy truck market (above 4.5t GVM) Isuzu is the September leader and builds a small cushion over second placed Fuso. The 2023 sales race remains very close with Isuzu’s 119 units in September taking its total to 935 for the year while Fuso’s 109 units for the month takes its nine-month total to 924.
Hino (596/60) retains third place comfortably ahead of Scania (492/66). UD (248/25) holds onto fifth position while Volvo (245/36) edges ahead of Iveco (244/33). DAF (195/25), Mercedes-Benz (194/49) and Kenworth (146/24) all retain their positions month-on-month to round out the top-10 in the 45t-to-max category.
The 3.5-4.5t GVM crossover segment sees a change in the 2023 leadership with Mercedes-Benz registering an impressive 59 units in September and taking its YTD total to 205. Fiat (201/39) runs a close second ahead of Iveco (139/18) and Ford (105/14). The leading four brands account for 84.5% share of this market segment.
In the 4.5-7.5t GVM division the top four places see no change with Fuso (480/60) a clear leader ahead of Isuzu (291/37), Iveco (134/14) and Hino (111/18).
Isuzu (411/55) continues to extend its dominant leadership in the 7.5-15t GVM segment over Fuso (159/15) and Hino (158/10).
In the 15-20.5t GVM segment Hino (81/13) continues to lead YTD over UD (42/4) with Fuso (38/6), Isuzu (25/2) and Scania (22/6) completing the top five.
In the tiny 20.5-23t segment with has achieved 30 registrations YTD, Hino (16/1) holds a clear lead ahead from Fuso (6/2), followed by Isuzu (3/0), Scania (3/2), Volvo (1/0) and DAF (1/0).
In the premium 23t to maximum GVM division, Scania delivers another market leading month with 58 registrations – taking its YTD total to 467 and building market share to 20.6%.
Fuso (241/26) retains second while a strong month for Volvo (239/36) moves it ahead of Hino (230/18) into third. Isuzu (205/25), UD (197/19), DAF (184/23), Kenworth (146/24) and Mercedes-Benz (114/13) are next while Iveco (73/12) and MAN (73/14) now share tenth position.
Trailer market leader Fruehauf tops the September registrations with 19 new units and building its YTD total to 144 ahead of Patchell (121/14).
Domett (93/11) remains in third ahead while Transport Trailers (83/12) moves ahead of Roadmaster (81/7). TMC (75/10), M.T.E (46/3), Transfleet (37/4), Freighter (37/7) and Fairfax (29/4) hold their positions to complete the top-10.