New commercial registrations have dropped year-on-year for the third consecutive month, down by 110 units in August.
Total registrations of new trucks and buses over 3500kg GVM sits at 552 units for the month. This is down 16.6% compared to the same period last year which saw 662 registrations of new commercials for the month.
A total of 4157 new trucks and buses have hit the road in the year-to-date compared to 4496 for the same period last year.
Isuzu is market leader for the month of August with 105 units registered and a 19% market share. The brand was up 12.9% year-on-year compared to the 93 units registered in the same period last year.
Fuso is in second spot for the month, up 8.1% with 80 units registered and a 14.5% market share.
Hino is third, down 12.5% with 63 units registered and an 11.4% market share.
Mercedes-Benz follows, down 14.9% with 62 units registered, Kenworth down 2.9% (33), Iveco up 42.9% (30), Fiat down 36.1% (23), Volvo down 23.3% (23), Scania down 36.4% (21) and UD Trucks down 20% (20).
Total used imported truck and bus registrations were also down year-on-year, dropping 10.6% with 186 registrations in August compared to 208 in the same period last year.
Toyota lead the used commercial import market for the month with 42 units registered and a 22.6% market share. This was down 8.7% compared to the 46 units registered in the same period last year.
Isuzu comes in second, down 26.4% with 39 units registered and a 21% market share.
Hino third, down 18.4% with 31 units registered and a 16.7% market share.
Nissan follows, up 33.3% with 24 units registered, Mitsubishi up 15% (23), Mazda up 100% (6), Ford up 300% (4), Iveco up 200% (3), Volvo unchanged (3) and GMC up 100% (2).
