Commercial vehicle wholesalers experienced a tumultuous past five years. Industry revenue is forecast to decline by an annualised 3.5% over the five years through 2012-13 to reach $5.02 billion. The period also demonstrated large fluctuations in year-on-year revenue growth rates. Small owner-operator trucking companies could not cope with rising fuel and operating costs and many of them went bankrupt. The demise of small freight operators had a negative effect on truck sales overall. Industry revenue is expected to recover by 2.5% over 2012-13. A recovery is expected to occur on the back of an uptick in capital expenditure by the private sector.
Companies in this industry wholesale new and used commercial vehicles, including buses, vans and heavy-duty trucks. The majority of commercial vehicles are used for the transport of goods. However, companies in this industry do not wholesale passenger motor vehicles used for commercial purposes (such as taxi fleets).
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.