Crediflex Recently Registered
Close fight for top spot
Crediflex Recently Registered
Another strong month in August sees the New Zealand new truck market remaining on track to achieve a record year.
New truck registration figures for August see 539 trucks with a GVM of 4.5 tonnes or more registered, and the year-to-date (YTD) total reaching 4060, according to official NZ Transport Agency data.
August’s monthly total is actually a slight decrease from last year’s 548, however the total of 4060 is 7.95% ahead of the previous best January-August total of 3761 registrations achieved in 2022.
The trailer market is also strong, with 156 registrations in August and 1033 YTD. That total is 106 ahead of the same period last year but falls 150 registrations short of Jan-Aug record of 1183 units in 2018.
In the overall 4.5t to maximum GVM truck market, Isuzu (YTD 816/August 102) edges back ahead of Fuso (815/88) by one registration as their year-long duel for market leadership continues. The 102 registrations makes Isuzu the August leader and the 816 units YTD represent a market share of 20.1%.
...Another strong month in August sees the New Zealand new truck market remaining on track to achieve a record year.
New truck registration figures for August see 539 trucks with a GVM of 4.5 tonnes or more registered, and the year-to-date (YTD) total reaching 4060, according to official NZ Transport Agency data.
August’s monthly total is actually a slight decrease from last year’s 548, however the total of 4060 is 7.95% ahead of the previous best January-August total of 3761 registrations achieved in 2022.
The trailer market is also strong, with 156 registrations in August and 1033 YTD. That total is 106 ahead of the same period last year but falls 150 registrations short of Jan-Aug record of 1183 units in 2018.
In the overall 4.5t to maximum GVM truck market, Isuzu (YTD 816/August 102) edges back ahead of Fuso (815/88) by one registration as their year-long duel for market leadership continues. The 102 registrations makes Isuzu the August leader and the 816 units YTD represent a market share of 20.1%.
Fuso’s YTD sales are 16 units ahead of the same period last year but its market share is down slightly from 21.2% last year to 20.1% YTD 2023.
Hino holds third position with 77 registrations during August and a YTD total of 536, with its market share down from 16.3% last year to 13.2% this year.
Scania (426/74) is ranked number four with UD (223/38) and Iveco (211/29) next in the overall rankings.
There are no surprises in the growing 3.5-4.5t GVM segment which is now 109 units larger in total than for the same period last year. Fiat (162/22) continues to lead with over 25.8% of the market share, significantly lower than last year’s 50.9%.
The big performer for August is Mercedes-Benz (146/71) taking a 46.4% share for the month. Iveco (121/34) also continues to play a significant role in this segment taking a 22.2% share for the month.
In the 4.5-7.5t GVM class, Fuso (420/42) continues to dominate with 39.3% share. Isuzu (254/41) is second, only one registration behind Fuso for the month with third position held by Iveco (120/15) ahead of Hino (93/14) in fourth.
Isuzu (356/36) continues as leader in the 7.5-15t GVM category while Hino (144/18) jumps ahead of Fuso (144/18) to claim second position.
In the 15-20.5t GVM division, Hino (68/12) retains the lead, ahead of UD (38/7) and FUSO (32/7) and sharing second for the month with seven registrations apiece.
In the tiny 20.5-23t segment, Scania enters the segment with one registration, while Hino (15/0) now holds 60% share of the market ahead of Fuso (4/2), who claim 50% of the share for the month with two registrations.
In the premium 23t to maximum GVM division, Scania (409/73) continues to lead with a huge August total of 73 registrations and 26.5% share for the month.
Fuso (215/19) retains second ahead of Hino (212/28) in third. Volvo (203/23) continues in fourth place ahead of Isuzu (180/21), DAF (161/18), Kenworth (122/24) and Mercedes-Benz (101/12). Iveco (61/12) edges into 10th position ahead of MAN (59/4), which is the only change among the top 10 YTD.
In the trailer market, Fruehauf (125/20) is steadily building a break on the competition – ahead of Patchell (107/15). August figures also see Domett (82/20) performing strongly and moving ahead of both Roadmaster (74/14) and Transport Trailers (71/7).
TMC (65/9), MTE (43/2), Transfleet (33/7), Freighter (30/7) and Fairfax (25/3) round out the top-10 with no change on their positions from last month.