Commercial registrations of low cab forward trucks in Classes 3-5 increased 9.3% to 21,995 in 2015 and have more than doubled since 2010, according to data provided by Isuzu Commercial Truck of America.
LCF registrations are coming off two remarkably strong years and three earlier years of growth since 2010, when there were 10,819 GVW Class 3-5 cabovers added for commercial use. Cabover registrations reached 20,115 in 2014, 16,530 in 2013, 15,058 in 2012, and 11,401 in 2011.
In 2015, commercial registrations grew each month on a year-over-year basis in 11 of the 12 months with only December seeing a decline of 2.3% to 1,752. Six months registered double-digit growth led by May, which saw a 21.8% increase to 2,047 from May of 2014. It was the only month in six years that saw registrations cross the 2,000-unit level. March was the second strongest month with 1,956 registrations that represented a 19.3% increase from the prior year.
Isuzu said it has retained a dominant share of the market during the run with its lineup of diesel- and gasoline-powered cabovers, including the N-Series. Isuzu has held at least 80% of sales since October of 2013. In December of 2015, Isuzu registrations reached 84.6%, while Hino reached 10.3% and Mitsubishi Fuso reached 5.1%. Mitsubishi Fuso remained number two until July of 2015 when Hino solidified itself in the second position.
Originally posted on Trucking Info
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