New commercial vehicle registrations over 3500kg GVM were down 12.9% year-on-year in August 2024 while used commercials were down 25.8% for the period.
Total registrations of new trucks, vans, and buses over 3500kg GVM sit at 662 units for the month compared to 760 in the same period last year.
Used trucks over 3500kg GVM saw 115 units registered in August compared to 155 in the same period last year.
Fuso is the market leader for new trucks in August with 84 units registered and 12.7% market share. This is down 9.7% compared to the same period last year which saw 93 units registered for the brand.
Isuzu is second, down 29.6% y/y with 76 units registered and 11.5% market share.
Mercedes-Benz is third, down 26.4% y/y with 67 units registered and 10.1% market share.
Scania follows, down 10.7% y/y with 67 units registered and 10.1% market share; Ford up 143.5% (56); Hino down 33.8% (51); Volvo up 117.4% (50); Iveco down 56.3% (31); Fiat up 21.7% (28); LDV (28) and other brands down 29.5% (124).
Meanwhile, Hino led the local market for used trucks in August, up 17.2% y/y with 34 units registered and 29.6% market share.
Toyota was second for used trucks, down 15.4% y/y with 22 units and 19.1% market share.
Isuzu was third, down 23.1% y/y with 20 units and 17.4% market share.
Mitsubishi follows, down 39.1% with 14 units registered; Fuso down 37.5% (5); Nissan down 77.8% (4); UD Trucks down 55.6% (4); Fiat up 200.0% (3); Renault up 100.0% (2); Chevrolet (1) and other brands down 57.1% (6).
