New commercial vehicle registrations were up in October with used registrations taking a small dip.
Total registrations of new trucks and buses over 3500kg GVM sits at 591 units for the month.
This is up 11% compared to the 531 registered in the same period last year.
A total of 5700 new trucks and buses have hit the road in the year to date compared with 5254 in the same period last year.
Isuzu is the market leader for the month with 143 units registered and a 24% market share.
It saw the brand up 49% for October compared to the same period last year where it registered 96.
Fiat is in second spot for the month, up 121% with 73 registered and a 12% market share.
Hino comes in third, up 17% with 63 registered and an 11% market share.
Fuso follows, down 44% with 52 units registered, Mercedes-Benz up 79% (50), Volvo up 18.5% (32), UD Trucks up 50% (30), Kenworth up 40% (28), Scania up 33% (24) and DAF down 34% (21).
Meanwhile, total used imported truck and bus registrations were down 2% with 181 units registered compared to 184 in the same period last year.
This was led by Isuzu with 51 units and a 28% market share.
This was up 4% compared with 49 in the same period last year.
Toyota comes in second, down 18% with 31 registered and a 17% market share.
Hino comes in third, down 7% with 26 registered and a 14% market share.
This is followed by Nissan with 16 units, Mitsubishi (15), Mercedes-Benz (nine), Mitsubishi Fuso (four), Ford and Mazda (three).
Isuzu NZ general manager Colin Muir says October was another month of success with plenty of units still to be registered by the end of the year.
The brand’s new Giga 6×4 models “are landing now” with registrations under way.
The trucks “should prove to be a popular model.”
Muir says one of the ongoing issues is sales dealers “bulging at the seams” getting pre-sold vehicles through the body build process and on the road registered.
“The issue still exists and certainly has an effect on time from purchase to delivery.
“In part because we have the most sales we have more units in the workshops than some other brands, but everyone is affected to some degree.
“Our sold units yet to be registered are at record levels so we certainly have a backlog to work through,” Muir says.
The new heavy vehicle segment over 23,000kg GVM was up 6.
5% year-on-year for October with a total of 230 units registered.
This compares to 216 in the same period last year.
A total of 2195 units have hit the road in this segment in the year-to-date compared to 1927 in the same period last year.
Isuzu leads the segment, up 37.5% with 44 units registered and a 19% market share.
Kenworth and Volvo come in second spot with both brands registering 28 for October and both up 40% year-on-year, sharing 12% market share.
This is followed by Hino, up 53% with 23 units registered, DAF down 37.5% (20), Mercedes-Benz up 260% (18), Fuso down 44% (14), UD Trucks up 30% (13), Scania down 41% (10) and Iveco unchanged (seven).
The new medium truck segment between 9000kg to 23,000kg GVM is up 5% year-on-year with a total of 89 units registered compared to 85 in October period last year.
Isuzu takes top spot, up 40% with 35 registered and a 39% market share.
Hino comes in second, unchanged year-on-year with 18 registered and a 20% market share.
UD Trucks comes in third spot, up 70% with 17.
Fuso follows, down 40% (9) and Iveco down 71% (2).
The new commercial segment of trucks, vans and buses between 3500kg to 9000kg GVM was up 26% year-on-year with a total of 228 units registered compared to 181 in the same period last year.
Fiat takes the top spot, up 121% with 73 and a 32% market share.
Isuzu comes in second spot, down 3% with 37 and a 16% market share.
Mercedes-Benz was third, up 50% with 27 and a 12% market share.
Fuso follows, down 47% (25), Hino up 5% (22), Iveco up 17% (14) and Chevrolet (six).
The new light commercial segment was up 11% with 4903 units registered in October.
Toyota takes the lead in this segment, up 7% with 1123 and a 23% market share.
Ford comes in second, up 3% with 978 units registered, Holden follows, up 23% (411), Mitsubishi up 22% (402), Nissan up 32% (289), Isuzu down 2% (254), LDV up 69% (206), Mercedes-Benz up 12% (187), Fiat up 37% (173) and Mazda down 10% (173).
The Ford Ranger has taken a back seat in the October new vehicle sales statistics.
The strong rental market in October resulted in the Toyota Corolla being the top selling model for the month with 1744 units of which 1539 were rentals.
This was followed by the Toyota RAV4 with 996 units and then the Ford Ranger in unfamiliar territory, having led previous months, with 876.
However, year-to-date the Ford Ranger still holds the top model spot with 8306 units followed by the Toyota Hilux (6760) and the Toyota Corolla (5830.
It also remains top selling commercial model for the month.
Overall, new vehicle sales made an impressive comeback in October, with 16,670 units sold – the most ever in a single month.
“The strong result in October is off the back of car rental companies renewing their stock and is a vote of confidence by that sector in the strength of the New Zealand tourism market” MIA chief executive David Crawford says.
In the used commercial segment Toyota lead, down 8% with 448 units registered, Nissan follow, down 10% (239), Mazda down 17% (81), Isuzu down 5% (55), Ford up 15% (45), Mitsubishi down 14% (37) Fiat up 69% (27), Hino down 7% (26) and Chevrolet down 28% (18).
The new tractor segment is up 1% year-on-year with 295 units registered in October.
John Deere lead, up 37% and a 43% market share (126), Massey Ferguson down 22% (28), Case IH down 25% (27), New Holland down 8% (24), Claas down 10.5% (17), Kubota unchanged (16), Deutz-Fahr up 50% (15), Fendt down 37% (12) and Case 29% (9).
Tractor and machinery sales are on track for a record year, NZ Tractor and Machinery Association (TAMA) president John Tulloch says.
Tractor sales are up 17% compared to this time last year with TAMA year-to-date figures to the end of September showing a total of 3355 retail sales across all horsepower categories compared to 2865 in 2017.
Tulloch says there is a cautionary approach to spending in the industry but sales could still hit a 4500 calendar year record.
The reduced Fonterra forecast of between $6.25 to $6.50 per kg of milk solids (down from $6.75) had “taken a bit of a shine off the optimism” in the dairy sector but demand here could increase during the European winter because of the summer drought.
However, Tulloch says all sectors are also facing increased costs with high fuel prices and the currency drop.
“You also can’t control the weather.
Seeing the devastating effects in Europe, it reinforces the need for all of us in the New Zealand industry to be in a strong position to withstand adverse events.”
