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Remarkably, the New Zealand new truck market is returning to normality – with registrations in April falling just 4.5% short of the alltime record for the month.
Following a March performance that was a new record, April’s registrations in the overall market (all trucks with a GVM over 4.5 tonnes) totalled 382, just 18 shy of 2019’s April benchmark.
That was promising, particularly in comparison to the COVID-ravaged April 2020 market (when the industry saw just 89 new trucks registered).
But to keep it in perspective – the 1501 year-to-date registrations at the end of April were still 199 down (that’s 11.7%) on the same period in the 2019 boom year, according to offi... ...