The fourth quarter of 2022 saw some records broken particularly the Heavy truck industry beating its 2018 record. Electric vehicles are on the rise with new make BYD entering the market and Electric now accounting for 3.1% of the overall market. The used motor vehicle market is starting to normalise, but supply chain issues are still impacting buyers’ decisions. Take a deep dive into all market sectors. The quarter in short: The Australian truck and heavy van sales for the 2022…

The fourth quarter for 2021 continued the positive momentum across most markets to make 2021 a stellar year. There were solid results across road transport, motor vehicles,  earthmoving and mining equipment. Highlights from the fourth quarter included some very successful auctions for road transport and earthmoving across our Brisbane, Roma and Newcastle offices. The quarter in short: New truck sales saw a 20.1% increase on 2020 sales. The supply of second-hand heavy-duty, medium-duty and light-duty trucks at auction has been subdued. Caterpillar’s fourth-quarter 2021 sales…

This quarter Victoria set global records for the most number of days in lock down and NSW also experienced months of lockdown. Despite the challenges posed by the pandemic, the Economy has been quite resilient and we are seeing strong prices and demand in the new and secondary markets for assets. Markets have been strong with supply shortages and domestic spending pushing up automotive and road transport prices. The more favourable weather has helped the agricultural industry, which has seen…

Despite the new and secondary equipment markets being affected by COVID-19 and a recession during 2020, the fourth quarter closed with positive results across all sectors. With an expectation that the markets will continue to strengthen in 2021.  New road transport sector achieved 5 months of growth and is showing some certainty for strengthening results in 2021 across all segments. Caterpillar has seen full-year sales and revenues decline by 22% in 2020.  One of the only positives to be found…

The impact of the Coronavirus has affected every part of the Australian economy including affecting asset values in the automotive, road transport, construction, manufacturing, mining, aviation and marine sectors. Asset values do not have the volatility we might expect from the share market with large daily or even weekly fluctuations. Asset values may drop and rise at varying speeds however they tend to continue to track in that same direction for a period of time before reversing depending on supply…

The fourth quarter of 2019 saw a decline across all key market sectors, particularly road transport and automotive suffered the largest decline. The quarter, in short, can be found below: All truck segments suffered a decline in sales throughout 2019, with the end of year sales results ending with an 8.8% decline in comparison to the 2018 end of year results. We continue to see European trucks gaining more traction in the market, with these units being reported to have additional…

The third quarter of 2019 has seen declines in key market sectors continue although there were a few outliers that bucked the trend of declining new asset sales Full report online now. The quarter, in short, can be found below: Our Valuation team have had a busy quarter, a review of the business shows that valuations for lending purposes continue to dominate. We continue to see the decline in the new Truck sales market due to the oversupply of trucks…

The second quarter of 2019 saw mixed results in many sectors. Declining sales and depressed conditions in the automotive and heavy transport sectors saw those markets continue to go backwards from previous quarters whereas the mining and earthmoving sectors have had positive signs with increases in sales for new equipment and capital investment from the mining sector. Full report online now. The quarter in short: Volvo beat Kenworth in June as the No. 1 selling brand and is only 50 units behind YTD…

The first quarter for 2019 was a busy one for us and the markets. There were some large market declines in new sales across Trucks, Automotive and Agriculture. Take a look for yourself to get the full market update with our report online now. The quarter in short: Slattery Asset Advisory was engaged by the Administrators of RCR Group. Inspecting over 30 sites and 3,700 assets. The Road Transport sector has been deflated in both the new and used sectors after hitting a new sales record for the year in 2018….

The 4th Qtr for 2018 was tumultuous, to say the least with varying results across the road transport, automotive, plant and equipment sectors. The new truck market finished 2018 up with record truck sales in all categories, which is fantastic news for the sector. The used truck market also performed very strongly all around the country throughout 2018. The most interesting yet concerning trend in the 4th Qtr, however, was these record sales figures plummeted in December and have carried…