Just how hot can the commercial vehicle market get? Obviously, that remains to be seen but indications are that this boom run has a way to go.
When Isuzu Australia Ltd (IAL) launched its improved N-Series light rigid at the end of last month, the message was that it expected more records to fall, while expressing amazement that another boom was underway so soon after the last one.
Truck Industry Council (TIC) T-Mark figures for this October presents reasons for all this bullishness.
We can begin with the blazing run of monthly totals this financial year – 3,296, 3,520, 3,685 and last month’s 3,805.
Then we can compare that with the same period in the previous peak year of 2018 – 3,344, 3,845, 3,506, 3,781.
Then we can compare this…