Another quarter of COVID, lockdowns, and markets continuing to fight any downturn.  Booming truck and car sales can only be hindered by production issues due to the semiconductor shortages. Take a look at what made this quarter’s highlights across all our sectors:

• The new road transport market has been disrupted in the second quarter due to global parts shortages and delivery delays caused predominantly by factory closures in Asia and China
• Caterpillar sales in Asia / Pacific are up 19% for resources and 8% for construction on the same period last year
• Australian agriculture is in very good shape with seasonal conditions and strong commodity prices driving the market
• May saw 100,809 new vehicles which is the second-best May result on record
• Aviation has had a standout quarter with auction achieving 100% clearance of all 38 aircraft, parts, tools, IT, and administration items
• Classic and collectible cars have become a dominant feature in many recent sales, gaining significant media attention
• Within Q2, 16 Coaches were presented to auction as part of a Major Liquidation, buyer participation and enquiries were strong throughout the sale campaign.

See the full report here: