Kenworth hits the top of the table

A big month of September sales has Kenworth sitting on top of the heavy duty truck sales table for 2023 with Volvo coming a close second

As the clocked ticked over to October 1 the analysis began in earnest on the third quarter results for truck sales in the Australian market.

The team the Truck Industry Council, owner and compiler of the T-Mark truck market sales database, ran the ruler over the volumes sold per brand, across four commercial vehicle categories, and determined that while there has been a slowdown compared to previous quarters in 2023, the full year trend is still heading towards the best sales result ever.

Including heavy-duty, medium-duty, light-duty and commercial vans, 35,452 new “trucks” have been sold so far this year.

TIC CEO Tony McMullan summed up the findings as follows: “It was a solid quarter for the Heavy and Medium truck segments, while sales in the Light Duty truck and Van segments have slowed noticeably in quarter three.

“At the end of the third quarter 2023, total heavy vehicle sales are up over the same point in 2022, but not to the same degree as we saw at the end of June this year,” McMullan says.

“I believe that the end of the instant asset write-off tax incentive, in June 2023 and interest rate rises, are now starting to negatively impact new truck sales.

“However, with just three months to go until year end, the industry is still on track hit a new market peak, though this is mainly due to the stellar sales seen from January to June this year.” Mr McMullan concluded.

Heavy Duty (3 or more axles, or 2 axles with GVM > 8,000kg and GCM > 39,000kg)

The heavy-duty category is up on 2022’s results by 19.5 per cent with 12,652 trucks sold as of September 30.

Kenworth (2,564) and Volvo (2,538) account for more than 40 per cent of the sales with Isuzu (1,734), Scania (953), Mack (779), UD Trucks (737) Mercedes-Benz (719), DAF (620), Fuso (557) and Hino (551) rounding out the top 10.

Medium Duty (cab chassis with GVM > 8,000kg AND GCM up to and including 39,000kg)

Sales to the end of September 2023 in this category sat at 5,873, up 4.3 per cent, or 241 trucks on the same period from January to September in 2022.

September 2023 saw 16 more trucks delivered in this category than were delivered in September 2022, a 2.5 per cent increase.

In terms of brand performance, Isuzu remains the dominant force with 49.9 per cent of the sales so far this year (2,933 vehicles). Hino (1,565), Fuso (975), Iveco (77) and Hyundai (69) round out the top 5.

Light Duty (cab chassis with GVM 3,501kg up to and including 8,000kg)

Sales in this category saw a drop in quarter three 2023, compared with the first six months of the year. At the end of June, the Light truck segment was tracking up 14.6 per cent over 2022 sales, however by the end of September that lead had shrunk to just 2.9 per cent.

Year to date, Isuzu continues to dominate this space with 45.8 per cent of the market, representing 5,684 trucks sold out of the 12,417 sales recorded so far this year.

RELATED CONTENT: August sales results

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