New truck sales up but no cause for celebration

New truck sales up but no cause for celebration

Photo courtesy of www.DieselNews.com.au.

Total Australian truck sales for the first six months of 2012 were 14,342 units, or 7.8% above the modest 13,306 unit tally achieved for the same period in 2011.

Given that production rates and sales a year ago were negatively affected by natural disasters in bothJapanandAustralia, the 2012 achievement to June is not a strong vote of confidence in the economy by truck buyers.

While light and medium-duty sales are similar to those recorded last year, the 2012 truck tally is significantly bolstered by a heavy-duty segment that has exceeded 2011

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