Sun, 19 Jan 2025
22.7 C
Durban

Truck maker grows market share despite torrid 2020

Home Manufacturing & Processing Automotive Truck maker grows market share despite torrid 2020

ISUZU Motors South Africa (IMSAf) recorded total sales of 2 587 trucks and buses in 2020. Trucks led the charge with total sales of 2 570 units, making Isuzu the number one Japanese Original Equipment Manufacturer (OEM) in the Medium and Heavy Commercial Vehicle segments for eight and seven consecutive years respectively.

Despite tough trading conditions in a commercial vehicle market in 2020, which was down 18.9%, Isuzu’s share increased by 0.4%. Isuzu recorded total truck sales of 2 570 units in 2020 which represents 13.4% of the overall market.

“2020 was a tough year for everyone and we found ourselves facing unprecedent challenges at every level of the business,” said Craig Uren, Sales, Service, and Marketing Senior Vice President.

“I must commend team IMSAf for a job well done under very difficult circumstances. Isuzu trucks continues to demonstrate the long-term benefits of strong customer service and relationships. We are also very proud to have such strong and competitive products in the key segments of the commercial vehicle market.”

Uren said Isuzu trucks had proved to be a popular choice for fleet operators due to the brand’s reputation of manufacturing durable and efficient vehicles for a wide range of commercial applications.

“Engineering and technology is a key factor in the success of our products in this space. The Automatic Manual Transmission (AMT) for example is an outstanding feature which brings real world benefits to fleet operators as it offers significantly more economical operation of the trucks due to less wear on transmission components.”

Isuzu also performed better than expected in the Light Commercial Vehicle segment with the D-MAX bakkie maintaining strong sales throughout the year with a total of 12 724 units sold in 2020, compared to 16 156 units sold in 2019.

Uren said that despite the drop-in sales volume the D-MAX sales outperformed the overall LCV market which saw a decrease of 24.8% with total sales of 77 449 in 2020 compared to 103 019 units sold in 2019. Isuzu gained 0.7% market share to 16.4% compared to 15.7% in 2019.

The strong performance was driven in part by a refreshed model year 2019 line-up and the continued success of the X-Rider nameplate.

Isuzu’s 7-seater SUV, the mu-X rounded up the 2020 sales with 312 units sold and a market share of 2.3%.

“The Isuzu sales and marketing teams were able to adapt quickly to the changing environment with creative, innovative solutions to offer value to customers while driving traffic to our dealerships. We also commend our dealer partners who were able to make the necessary changes and embrace the new technology and methods necessary to operate successfully under COVID-19 regulations.”

Most Popular

Maximum compatibility and safety from new connections

WITH the new, optimised Nexus Connect flare connection, the Ingelfingen-based technology company Gemü is now introducing an innovative flare connection for its CleanStar and...

Powered grease gun a leap in lubrication innovation

SKF has launched its innovative TLGB 21 battery-driven grease gun that optimises lubrication efficiency and reduces costs by seamlessly combining advanced technology with a...

Donated tow tractor keeps Eastern Cape air ambulances flying

TO help save lives in the Gqeberha region of the Eastern Cape, the team at Toyota Material Handling, a division of CFAO Equipment, donated...

Real-time belt rip detection saves costs, reduces downtime and prevents injury

BECKER Mining has launched the newly developed BRS4.0 belt rip detection system, with advanced features for greater durability, higher efficiency and improved safety. Typical...