Registrations of commercial vehicles over 3500kg GVM softened in May, with new truck registrations falling 4% year-on-year and used truck registrations slumping 46.4%.
A total of 411 new trucks were registered during the month, down from 428 in May 2025, while used truck registrations dropped to 45 units from 84 a year earlier.
Despite the weaker monthly result, the new truck market remains ahead of last year on a year-to-date basis, with registrations up 3.9% to 2189 units at the end of May. Used truck registrations, however, remain under pressure, down 34.1% year-to-date to 319 units.
Isuzu retained its position as market leader in the new truck segment with 57 registrations in May, up 14% year-on-year, giving it a 13.9% market share. The brand has registered 266 trucks year-to-date, compared with 262 during the same period last year.
Hino was second with 39 registrations, down 27.8% from 54 units in May 2025, while Iveco was up 183.3% to 34 registrations from 12 a year ago.
Volvo recorded 30 registrations, down 11.8%, while Ford climbed 30% to 26 units and Mercedes-Benz increased 52.9% to 26.
Fuso registrations fell 28.6% to 25 units, while CRRC recorded 24 registrations during the month.
LDV was down 21.4% to 22 registrations from 28, while Fiat fell 48.6% to 18 units from 35.
Other makes accounted for 110 registrations, down 23.1% from 143, representing 26.8% of the market.
Used truck market remains under pressure
Hino led the used truck market with 12 registrations and a 26.7% share despite volumes declining 25% year-on-year.
Isuzu and Toyota shared second place with 11 registrations each. Isuzu registrations dropped 52.2%, while Toyota was down 31.3%.
Mitsubishi recorded five registrations, down 54.5%, while LDV increased from one registration to two.
Iveco, Mercedes-Benz and other makes each recorded one registration. Iveco was unchanged year-on-year, Mercedes-Benz was down from two, and other makes fell from 14.
