Trailer Magazine

ARTSA forceasts rise in new heavy vehicle registrations

  • Posted on Monday 13th, November 2017.

The Australian Road Transport Suppliers Association (ARTSA) is forecasting a 14.4 per cent rise in new registrations for heavy vehicles for 2017 following near record growth in all registrations in the third quarter.

This follows a dip in total annual new registrations of 8.7 per cent in 2015 and a further dip of 3.2 per cent in the 2016 calendar year compared to the previous year.

With a forecast 28,000 new heavy units (trucks, trailers, buses, specials) registered in 2017 this is the highest total for new vehicles since ARTSA started reporting quarterly data at the beginning of 2014.

According to ARTSA, the “good news is across the board” with trailers up 19.8 per cent, rigids up 10.2 per cent and prime movers up 17.6 per cent.

“The fourth quarter sales for 2017 have been estimated based upon the first three quarters sales figures,” ARTSA has said in a statement.

“The market has staged a significant recovery in 2017 after declining new registrations in 2015 and 2016. The bus market and special truck (mainly rigid units) market are relatively static.

“A notable achievement is that the multi-combination prime mover market is now twice the size of the single-trailer prime-mover market. This is the result of nearly 30 years of regulatory reform that has allowed growing access to main roads by multi-combinations.

“The heavy-duty rigid truck market has grown steadily over the past four years and did not experience the dip that the prime-mover and trailer market went through in 2015 and 2016. This possibly reflects the growth in the local freight delivery and construction sector as well as the strong growth in major cities that are more suited to rigid vehicles.

The rigid truck market at around 10,000 units per annum is significantly bigger than the prime-mover market, according to ARTSA, which is close to 6000 units per annum. Also, while rigids are predominantly made in Japan, most of them reportedly have bodies made in Australia.

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