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January truck sales strong

The total Australian truck market for January 2018 reached 2,227 units, up a significant 16.0 per cent on the first month of 2017 and just 20 vehicles shy of the all-time January sales record of 2008.

The Truck Industry Council (TIC) described the January result for the heavy-duty truck segment was spectacular, with 756 units sold, up 57.8 per cent, or 277 units, on the first month in 2017.

The medium-duty segment also performed well in January with 437 truck deliveries for the month verses 360 units in January 2017, a gain of 21.4 per cent.

According to the TIC, light-duty trucks set new records in 2017 so further improvements in 2018 are likely to be incremental, rather than substantial. January sales are up seven per cent on 2017 results with 42 more light trucks sold in January 2018 for a total of 645.

January 2018 van sales were the second best on record, only down compared to January 2017, which had all-time record sales.

“Yet another strong start to a year, even better than 2017 that went on to become the second best on record for new truck sales," said President of TIC, Phil Taylor.

"It was particularly pleasing to see such a strong start to the year for the heavy-duty truck segment, which led the way in January. Strong sales have transitioned to the new year and if January is to be representative of the year to come we will see some new records set in 2018.”

TIC CEO, Tony McMullan, also said that the positive sales in January were good news for the industry.

“It is a healthy start to a new year for heavy vehicle sales and the momentum of 2017 has certainly carried through to 2018," McMullan said.

"With Australian Bureau of Statistics numbers indicating that our truck park is getting older, we need very healthy new truck sales to arrest this concerning year-on-year trend. An old truck fleet is less safe, not as environmentally efficient and has lower productivity.

"All factors that need to be addressed by Government if Australia is to achieve its road transport objectives in these areas. Strong sales growth will help, however Government needs to do more in this area. Let us hope that 2018 is the turning point for these issues.”

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