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Australian Truck Sales Experience 11.8% Decline as Market Stabilises

Understanding the Factors Behind the 2025 Truck Market Slowdown

Australian Truck Sales Experience 11.8% Decline as Market Stabilises?w=400
Australia's truck and van market has experienced an 11.8% decline in sales during 2025, marking a period of stabilisation following consecutive years of record-breaking figures.
According to the Truck Industry Council (TIC), a total of 33,727 heavy vehicles were sold by the end of September, reflecting a significant decrease compared to the same period in 2024.

Despite the downturn, industry experts suggest that the market is undergoing a natural correction after an extended period of exceptional growth. The current sales figures still position 2025 as the third-best year on record for truck sales in Australia, indicating underlying resilience within the sector.

Several factors have contributed to the slowdown in sales. Economic uncertainties, including fluctuating fuel prices and global supply chain disruptions, have influenced purchasing decisions among fleet operators and owner-drivers. Additionally, the completion of backlogged orders from previous years has led to a temporary dip in new sales.

The Heavy Duty truck segment has been particularly affected, with a 20.2% decrease in September sales compared to the previous year. This decline is attributed to cautious investment strategies adopted by businesses in response to the current economic climate.

On a positive note, the Light Duty truck segment has shown resilience, with Q3 sales ranking as the second-best on record. This suggests that smaller businesses and sole traders continue to invest in light commercial vehicles to support their operations.

For those in the market for new trucks, the current stabilisation presents an opportunity to negotiate better deals and financing options. Lenders may offer more competitive rates to stimulate sales, benefiting buyers seeking to expand or upgrade their fleets.

In conclusion, while the Australian truck market has experienced a notable decline in sales during 2025, the overall outlook remains positive. The current stabilisation phase offers opportunities for strategic investments, and the industry's resilience suggests a potential rebound as economic conditions improve.

Published:Monday, 20th Oct 2025
Source: Paige Estritori

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Monetary Policy:
The actions of a central bank or other regulatory authority that determine the size and rate of growth of the money supply.