Steady move­ment in July for lo­cal truck mar­ket

MAR­KET COM­MENT

Business Day - Motor News - - MOTOR NEWS - Mark Smyth

The truck mar­ket showed rea­son­able growth in July, with the Na­tional As­so­ci­a­tion of Au­to­mo­bile Man­u­fac­tur­ers SA de­scrib­ing in­creases as “en­cour­ag­ing gains”.

The medium com­mer­cial ve­hi­cle mar­ket in­creased by 15.90% at 701 units in July com­pared to the cor­re­spond­ing month in 2017. How­ever, it still has some work to do to re­cover the year-to-date de­cline of 4.30% against the same pe­riod in 2017. Heavy com­mer­cial ve­hi­cles weigh­ing between 8,501kg and 16,500kg were also up by 29.80% at 484 units in July. Mer­cedes-Benz, which still fails to re­port spe­cific sales fig­ures, saw an in­crease of 10.30% in the seg­ment in con­trast to its de­clines in the pas­sen­ger car mar­ket. The year-to-date fig­ure is up by the slimmest of mar­gins at 0.60%, al­though here Mer­cedes’ sales are down 19.70% against the same pe­riod in 2017.

Ex­tra-heavy com­mer­cial ve­hi­cle sales showed a slight in­crease of 2.40% for the month, with Mer­cedes down 2.60% in spite of the re­cent ar­rival of the not-so-new Ac­tros.

There is good news for the seg­ment so far in 2018, though, with sales up 11.10%, de­spite Mer­cedes be­ing down 13.30%. Ex­ports also rose in July for the seg­ment, but the year-to-date is not look­ing so healthy, with ex­ports down 27.60%.

Per­cent­age fluc­tu­a­tions in the bus mar­ket tend not to por­tray an ac­cu­rate pic­ture due to the low vol­umes in­volved, but July saw the mar­ket sell 74 units, down 23.70%, with Mer­cedes sell­ing 12. To date the bus mar­ket is down 7.90% but ex­ports of 83 units so far in 2018 means a huge 654.50% in­crease on 2017.

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