With the release of the latest truck sales figures for March 2024, showing the latest truck sale figures as published by the Truck Industry Council, it is clear that first quarter truck sales remain strong, although someway behind last year’s record-breaking figures.
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Most Trucks Sold in a Year
The figures show Isuzu once again topping the truck sales rankings in Australia, breaking the record for the most trucks sold in a year in Australia. However, due to the rise in overall sale, Isuzu’s overall market share has slipped from over 30 per cent last year to 28.6 per cent in 2023.
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Ongoing Battle for Number One
This year sees a continuation of the booming truck sales set off by the pandemic, and the ongoing battle for number one in heavy duty truck sales between Volvo and Kenworth.
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Is There a Recession On The Way?
When the truck sales figures came out this week from the Truck Industry Council for July, a lot of the results could be predicted, but one factor struck me as being at odds with a lot of the general commentary I am hearing about the economy of Australia from elsewhere, and it poses the question, is there a recession on the way?
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Truck Sales Boosted
The latest truck sales figures show that the first half of 2023 has continued the record breaking demand of last year, June recorded extra truck sales boosted by the ending of the instant tax write off for capital equipment, as this financial year draws to a close.
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It’s Still a Gangbuster Truck Market
On the evidence of the latest truck sale figures released by the Truck Industry Council, the results from the first quarter of 2023, show us it’s still a gangbuster truck market in Australia.
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Truck Sales Records Fall
Yet again the instability created by the pandemic and the extraordinary demand for trucks in the past couple of years has created a situation where most truck sales records fall yet again, according to the latest results released by the Truck Industry Council.
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Truck Sales Records Will Tumble
Judging by the truck sales results published by the Truck Industry Council for the first ten months of the year, many truck sales records will tumble by the end of the year.
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Dean Del Santo Moves On After Twenty Years
It’s all change at Scania Australia as Dean Dal Santo moves on after twenty years with the truck manufacturer. Formerly the Director of Truck Sales for Scania Australia, he has announced his intention to leave the business.
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We Are Going Gangbusters
Amid the talk of inflation, doom and gloom, plus major concerns about the economy, the trucking industry doesn’t seem to have noticed any issues, investing in as much capital equipment as possible, and when it comes to truck sales, we are going gangbusters.
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