New commercial vehicle registrations over 3500kg GVM were down 35.7% year-on-year in April 2025, while used commercial registrations recorded a smaller decline of 1% for the period.
Total registrations of new trucks, vans, and buses over 3500kg GVM reached 395 units for the month, a drop from the 614 units registered in April 2024.
Isuzu led the market for new commercial vehicles in April, with 52 units registered, capturing a 13.2% market share and marking a 55.6% decrease from the 117 units registered in the same period last year.
Fuso followed, down 50.6% year-on-year with 38 units registered for a 9.6% market share.
Hino placed third, registering 36 units, down 21.7% year-on-year and holding a 9.1% share.
Fiat registered 31 units, down 6.1%; Scania down 41.5% (31); Iveco up 8.7% (25); LDV down 31.4% (24); Mercedes-Benz down 33.3% (24); Volvo down 13% (20). Other brands collectively saw a 48.3% decrease with 90 units registered.
Used commercial vehicle registrations over 3500kg GVM totalled 101 units in April 2025, compared to 102 in the same period last year.
Isuzu led the used commercial market with 24 units registered, down 17.2% year-on-year, and holding a 23.8% market share.
Hino followed with 22 units, up 29.4% year-on-year, holding a 21.8% share.
Toyota placed third with 18 units registered, down 30.8% year-on-year and capturing a 17.8% share.
Mitsubishi registered 15 units (no change); Nissan up 133.3% (7); UD Trucks down 25% (3); DAF recorded two units; Fuso recorded two units; Iveco up 100% (2); and other brands saw a 14.3% decrease with six units registered.
