Registrations of commercial vehicles over 3500kg GVM softened in July, with new truck registrations falling 20.8% year-on-year, while the used truck market remained under pressure, dropping 33.3%.
A total of 410 new trucks were registered during the month, down from 518 in July 2025, while used truck registrations fell to 66 units from 99 a year earlier.
Despite the weaker monthly result, the new truck market remains ahead of last year on a year-to-date basis, with 3111 trucks registered by the end of July compared with 3042 during the same period in 2025. Used truck registrations continue to trail last year’s pace, down 33.1% year-to-date to 453 units from 677.
Fuso led the new truck market in July with 57 registrations, despite volumes falling 30.5% year-on-year, giving it a 13.9% market share. The brand has registered 262 trucks year-to-date, compared with 324 during the same period last year.
Mercedes-Benz was second with 55 registrations, up 103.7% from 27 units in July 2025, while Hino fell 32.1% to 36 registrations.
Isuzu and Scania each recorded 33 registrations. Isuzu was down 50% year-on-year, while Scania slipped 2.9%.
LDV posted one of the month’s strongest gains, more than doubling registrations to 27 units from 13 a year earlier. Ford recorded 19 registrations, down 29.6%, while Kenworth fell 15% to 17.
Fiat and Volvo each recorded 15 registrations. Fiat declined 44.4% year-on-year, while Volvo was down 21.1%.
Other makes accounted for 103 registrations, down 31.3% from 150, representing 25.1% of the market.
Isuzu retained top spot in the used truck market with 23 registrations and a 34.8% market share, with volumes increasing 21.1% year-on-year.
Hino was second with 20 registrations, down 31%, while Mitsubishi recorded seven registrations, a decline of 46.2%.
Toyota registrations dropped sharply to four units from 26 a year earlier.
Fiat, Nissan, UD Trucks and Volkswagen each recorded two registrations during the month.
Fuso and LDV each recorded one used truck registration, while other makes accounted for two registrations.
