New commercial vehicle registrations over 3500kg GVM fell 9.5% year-on-year in October 2025, while used commercial registrations dropped 23.1% for the month.
Total registrations of new trucks over 3500kg GVM reached 640 units in October, down from 707 units in October 2024.
Mercedes-Benz led the new commercial market with 92 units registered, capturing a 14.4% market share, although this was down 33.8% from the 139 units recorded in the same month last year.
Fiat followed with 86 units, up 72%, holding a 13.4% market share.
LDV placed third with 78 units registered, a 254.5% increase year-on-year and a 12.2% share.
Isuzu fell 30.4% (55 units); Ford climbed 134.8% (54); Fuso rose 46.9% (47); Iveco declined 50.5% (46); Hino dropped 44.8% (37); Scania fell 58.1% (26); Foton dropped 20% (16), while other brands collectively declined 14.2% with 103 units registered.
Used commercial vehicle registrations over 3500kg GVM totalled 80 units in October 2025, compared with 104 in the same month last year.
Hino led the used market with 25 units registered, down 28.6% year-on-year, for a 31.3% market share.
Toyota followed with 13 units, unchanged from last year, holding a 16.3% share.
Mitsubishi registered 12 units, down 7.7%, with a 15% share.
Isuzu recorded 11 units, down 52.2%; UD Trucks registered three; Fiat two; Fuso two; Iveco two; Nissan two; Scania two. Other brands recorded six units, up 20%.
