Australian truck market leader Isuzu Trucks, has recorded strong June sales to consolidate its position at the top of the sales charts, according to the latest official ERG Truck Tracker figures.
The ERG data shows an impressive delivery figure of 897 units in June on the way to achieving a year to date (YTD) market share of 29.4 per cent, almost 11 per cent clear of its nearest competitor.
New South Wales was the top performing state for Isuzu Trucks, with a record 320 units sold in the month.
According to Isuzu Australia Limited (IAL) Director, and Chief Operating Officer, Phil Taylor, the company's June result is testament to the resilience of the Australian economy combined with the effects of the Government's stimulus measures.
"There is no question that the Australian truck market has been hit this year as a result of a slowing economy, however our industry as a whole is coping well with the current conditions, despite being down in volume 26 per cent YTD," Mr Taylor said.
"It is likely that the Government's recent tax incentives have bolstered both June and May sales figures, but according to our own analysis of the market, IAL has noticed a gradual upwards trend since the start of the year."
Despite the tougher business climate, Mr Taylor said he was pleased with Isuzu Trucks' performance this year, as the brand had increased its market share by over two per cent year to date in a declining market.
"While some manufacturers have struggled in 2009, Isuzu Trucks' combination of excellent product, market-leading aftersales support programs, and the broadest most professional dealer network in Australia continues to strike a chord with customers," he said.
Mr Taylor also cited our country's reliance on road transport, as a reason for the sector being cushioned from the full effects of the economic crisis, unlike what has been experienced in automotive circles.
"An Australian Logistics Council report shows that trucks carry 75 per cent of Australia's total domestic freight," he said.
"Trucks are a business tool and a necessity for many areas of commerce either directly or indirectly; as a result there will always be a need for new trucks.
"Recent statements by the IMF (International Monetary Fund) and OECD (Organisation for Economic Cooperation and Development) about Australia leading the world in economic recovery may be ringing true. IAL is cautiously optimistic that the months ahead will continue to yield positive results." Mr Taylor said.