New commercial vehicle registrations over 3500kg GVM fell by 9.6% year-on-year in November with 787 units registered compared to 871 in the same period last year.
Year-to-date, total registrations of new trucks, vans, and buses over 3500kg GVM stand at 7,339 units, down from 7,468 in the same period last year.
Iveco led the market for new commercials in November, registering 123 units and capturing a 15.6% market share. This was a 66.2% increase from the 74 units registered in the same period last year.
Mercedes-Benz followed in second place with 110 units, a 23.6% year-on-year increase, taking 14% of the market.
Fiat ranked third, with 109 units registered — a 12.4% rise year-on-year and 13.9% of the market share.
Isuzu followed with 99 units, up 4.2% y/y; Scania down 11% (65); Hino down 21.7% (54); Fuso down 61.5% (47); LDV down 20.9% (34); Volvo down 46.7% (16); DAF down 44% (14) and other brands down 24.7% (116).
Used commercials fall
Used commercial vehicle registrations over 3500kg GVM recorded a sharp 77.3% year-on-year decline in November with 106 units registered compared to 467 units in the same period last year.
Year-to-date, total registrations for used trucks, vans, and buses over 3500kg GVM stand at 1,304 units, down from 1,630 in the same period last year.
Hino and Toyota tied for the top spot in the used commercial market, each registering 26 units and holding a 24.5% market share.
Hino’s registrations dropped 25.7% year-on-year, while Toyota saw an 87.8% decline.
Mitsubishi followed with 16 units, down 38.5% year-on-year, and Isuzu registered 14 units, marking a 64.1% drop.
Other brands included Fiat, unchanged year-on-year (6 units); Nissan, down 94.7% (5); Mercedes-Benz up 200% (3); Fuso down 50% (2); DAF (1) and other brands were collectively down 85.1% (7).
