New and used commercial vehicle registrations saw a strong rise in March compared to a slump for the same period a year prior as the full impact of COVID-19 was looming.
Total registrations of new trucks and buses over 3500kg GVM sits at 621 units for March. This is up 51.1% compared to the same period a year prior which saw 411 registrations of new commercials.
Total registrations of used trucks and buses over 3500kg GVM sits at 253 units for March. This is up 79.4% compared to the same period a year prior which saw 141 units registered.
Isuzu is market leader for new commercials in March with 105 units registered and a 16.9% market share. This is up 16.7% compared to the same period a year prior which saw 90 units registered.
Fuso is in second spot for the month, up 45.6% with 83 units registered and a 13.4% market share.
Hino is third, up 114.7% with 73 units registered and an 11.8% market share.
IVECO follows, up 58.6% with 46 units, Fiat up 85% (37), Volkswagen up 640% (37), Scania up 3.1% (33), Mercedes-Benz down 3% (32), Volvo down 3.3% (29) and Kenworth up 133.3% (29).
Toyota is market leader for used commercials in March with 64 units registered and a 25.3% market share. This is up 73% compared to the same period a year prior which saw 37 units registered.
Hino is second, up 264.7% with 62 units registered and a 24.5% market share.
Isuzu is third, up 37.5% with 44 units registered and a 17.4% market share.
Mitsubishi follows, up 150% with 25 units, Nissan up 58.3% (19), DAF up 500% (6), Mercedes-Benz up 150% (5), Ford up 100% (4), Kenworth up 200% (3) and UD Trucks unchanged (3).
