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Is The Future Medium Duty?

41,426 new trucks were sold in 2018, finally breaking a long-standing record, and setting the industry on its way to deliver to the growing Australian freight task. This result was largely driven by the Heavy Duty segment, with the 14,326 trucks sold making up a third of the total volume, and putting HD up 21% on 2017.

Looking ahead now to 2019, the January results are also positive, up 169 trucks on January 2018. While it's still early, and care should be taken not to read too much into the results, the big result so far is in the Medium Duty segment, with 440 trucks sold (vs. 360 in Jan 2018). This is underpinned by strong numbers for Isuzu, Hino and Fuso, with each of them outperforming the comparable period in 2018.

While this result might have surprised some industry commentators who viewed Medium Duty as a shrinking segment, it is completely aligned with the 2019 ACA Research Australian Truck Market Insights report, which identified the MD segment as the driver of growth in Australian fleets over the next 12 months. Hitting the sweet spot in terms of freight volumes, flexibility of usage and access to central locations, the research suggests they will be a natural evolution for businesses looking to support their last-mile offering.

2019 Truck Market Growth

For more information about the Australian Truck Market Insights report, please visit www.acaresearch.com.au/truckinsights

Topics: Market Research Automotive Research automotive trends