New truck registrations were flat in March while used trucks were up slightly for the month compared to the same period last year.
Total registrations of new trucks and buses over 3500kg GVM sits at 625 units for the month, up 0.6% compared to the same period a year prior which saw 621 registrations of new commercials.
Total registrations of used trucks and buses over 3500kg GVM sits at 285 units for the month, up 12.6% compared to the same period a year prior which saw 253 units registered.
Fuso is market leader for new commercials in March with 102 units registered and a 16.3% market share. This is up 22.9% compared to the same period a year prior which saw 83 units registered for the brand.
The brand’s result comes as Fuso NZ is increasing its stock levels to facilitate customer orders through 2022.
It has confirmed that 1250 new units across its light, medium and heavy-duty truck ranges are either on the ground or shortly to arrive.
Fuso NZ managing director Kurtis Andrews says it’s indicative of the high level of customer demand anticipated throughout the year.
“We have secured stock across our entire range; so across light to heavy duty, we’re in a great position to meet the industry’s needs,” he says.
Isuzu was in second spot for March, down 8.8% with 96 units registered and a 15.4% market share.
Hino was third, up 13.7% with 83 units registered and a 13.3% market share.
Mercedes-Benz followed, up 65.6% with 53 units; Scania up 27.3% (42), Iveco down 21.7% (36), Kenworth down 10.7% (25), DAF up 43.8% (23), UD Trucks up 37.5% (22) and Fiat down 51.4% (18).
Hino leads used commercial registrations for the month with 80 units registered and a 28.1% market share. This is up 29% compared to the same period a year prior which saw 62 units registered for the brand.
Isuzu was in second spot, up 27.3% with 56 units registered and a 19.6% market share.
Toyota was third, down 15.6% with 54 units registered and an 18.9% market share.
Mitsubishi follows, up 28% with 32 units registered; Nissan up 52.6% (29), Volvo up 400% (5), Kenworth up 33.3% (4), Mazda up 100% (4), Ford down 25% (3) and Fuso (3).
