truck sales boom set to continue

Truck Sales Boom Set to Continue

With the release of the latest truck sales figures, they show the truck sales boom set to continue, according to the latest results published for May truck sales in Australia by the Truck Industry Council.

Overall truck sales for the year have already eclipsed 15,000 with the total at 15,179 for the first five months of the year. This compares to just 11,828 this time last year as a total.

Heavy duty sales seem to be settling in to a familiar pattern with Kenworth at number one followed by Volvo, Isuzu and Scania, in that order. All four managed sales for the month of May over 100 units. Kenworth and Scania have better market share figures than they achieved in May last year, while Volvo and Isuzu have dropped back a little on the 2020 percentage. 

Sales in medium duty remain stable, and while they are above last year’s mark at 2,703, this is only 345 above last year. One notable change from 12 months ago is how much closer Hino is to Isuzu as it continues its campaign to topple the long term number one in this segment 36.8 per cent vs 35.6 per cent is much closer that the 43.3/29.9 split we saw at this point in 2020.

The picture is completely different in the light duty market with Isuzu not only retaining market share for the year, but increasing it, while selling 102 more truck in May 2021 than it sold in May 2020. Meanwhile, Hino retain precisely the same share at 23.8, and Fuso has slipped from 18.1 per cent in 2020 to 15.2 per cent this year. 

Clearly, the tax write-off incentives are having the desired effect in the truck industry and sees the truck sales boom set to continue, as the post-pandemic  economic strength looks to continue through this year and on into the future.

truck sales boom set to continue

the 2020 effect

The 2020 Effect

The Australian truck market has been knocked back, but not too much, by the 2020 effect. The latest truck sales figures show that, overall, the number of trucks sold on the Australian market will be lower than the last few years but better than 2016 levels. Read more

Kenworth reasserting its dominance

Kenworth Reasserting Its Dominance

The latest truck sales figures for the heavy duty market released this week by the Truck Industry Council, show Kenworth reasserting its dominance after a difficult and uncertain year. After reporting numbers just behind Volvo in heavy duty, Kenworth have come up with a big month to put the Swedish pretender back in its place. Read more

breaking truck sales records

Breaking Truck Sales Records

It looks pretty certain that at the end of 2018 the Australian truck market will be breaking truck sales records all over the place. These numbers suggest the Australian economy is stronger than it feels for many working people, but confirmed by consistent economic growth results.

Read more

dirty old trucks

Dirty Old Trucks

The Truck Industry Council has been campaigning for some time to change the rules around dirty old trucks. With the average age of trucks in Australia at over 14 years, and increasing, the truck manufacturer’s lobbying organisation and its President, Phil Taylor, Isuzu CEO, wants the government to disincentivise the owners of trucks sold before emission control rules came into existence. 

Read more

Slow Start to 2016

The New Year has got off to a stuttering start for the truck industry with low numbers all round. According to the latest sales figures released by the Truck Industry Council, the total Australian truck market for January 2016 reached just 1,584 units, down 1.9 per cent on the first month of 2015, which in turn was down seven percent on January 2014 sales. Read more

December Rebound

Truck sales figures for some market segments showed a sharp increase in December, to end the year on a positive note. According to the latest figures released by the the Truck Industry Council, the total number of trucks and large vans sold in Australia in 2015 was 32,003 units, up 1,373 units over 2014. The overall figures reflected the yearlong trend seeing healthy sales at the bottom end of the market with van and light duty truck sales, whilst heavy duty sales continued to struggle throughout the year. Read more

New Truck Push in Canberra

The Truck Industry Council (TIC) has says it applauds the support given to it by the Senate Economics Committee. The TIC represents Australia’s truck manufacturers and says it has received rousing cross-party support for its presence in Australia and strategic policy ideas during a Senate Economic References Committee hearing. Read more

Heavy Truck Sales Still Down

The heavy duty truck market continues to be sluggish as lighter trucks still maintain good numbers. Figures released by the Truck Industry Council (TIC) as part of its T-Mark truck market sales database, show truck sales trends continue on a steady course, with some exceptions. Read more

Truck plating initiative

A joint project by theNational Heavy Vehicle Regulator and the Truck Industry Council is designed to create a more secure heavy vehicle sales process. The TIC Code of Practice (for Heavy Vehicles) Manufacturers Plate is a new idea developed in collaboration with the National Heavy Vehicle Regulator (NHVR). Read more