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New truck registrations in March were down on the same month last year, possibly signalling the first signs of the market slowing from record volumes.

NZTA registration data for March 2024 saw 537 new truck registrations (above 4.5t GVM), down from the March record of 654 registrations set in 2023.

This total monthly figure also brings the YTD total to 1480, which is also down on last year’s total of 1528. The monthly figure of 537 is a decrease of 17.8% on 654 sales from March 2023 while the YTD total is a 3.14% decrease on the record number  achieved in the first quarter of 2023.

In contrast the trailer market is achieving record numbers with... ... 

January’s vehicle registration data confirms a roaring start to 2024 for both the new trucks and new trailers.

According to NZ Transport Agency registration data there were 462 trucks (with a GVM of 4.5 tonnes-plus) registered in the first month of the new year. It’s not only a solid 15.5% increase on the 400 sales in January 2023, but a new record for January truck registrations.

Isuzu is maintaining the momentum from its strong finish to 2023 to lead the truck market with 84 registrations in January, a significant 18 units up on January 2023. Scania also started the new year very strongly, climbing from fourth in the full-year 2023 market rankings to cla... ... 

It remains a tightly contested race at the top of the New Zealand new truck market with the NZTA registration figures for the first 10 months of 2023 now available.

October registration data shows a slight drop month-on-month (26 down on October 2022) but year-to-date registrations of 5,209 units remain 236 ahead of the previous record of 4,973 YTD registrations achieved in the first 10 months of last year.

The trailer market YTD total now stands at 1,320 – well ahead of last year’s October YTD result of 1,180 registrations but still behind the all-time best of 1,458 units achieved in 2018.

In the overall truck market (4.5t-maximum GVM), Isuzu (1033/... ... 

The phrase “tight at the top” is the perfect description of New Zealand’s new truck market (4.5 tonnes GVM and above) with just one registration separating market front-runners Isuzu and Fuso at the mid-point of the year.

Isuzu currently leads the market with 644 registrations YTD (January-June) while Fuso sits at 643 YTD registrations.

A monthly total of 596 new registrations is also the highest June figure on record and is 18.5% ahead of the same month last year. The January-June total of 3048 units is the strongest-ever first half-year market – and 11.8% ahead of the 2727 registrations achieved in the same period last year.

June’s trailer market ... ...