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CAPITAL EQUIPMENT NEWS

FEBRUARY 2017

7

However, he reasons that ongoing political

tensions, the incessant risk of credit rating

downgrades and an increase in taxes, which

will definitely erode spending power for fleet

owners, will likely have a negative impact

on the performance of the South African

commercial vehicle market this year.

While prospects look much better for the

year ahead, Schulz advises that for the truck

industry and the economy at large to grow at

a sustainable rate, there is need to reignite

the South African economy. “While other

countries in the region are racing to build

roads, ports, power stations and hospitals,

South Africa is clearly lacking the political

and economic drive to fast-track sustainable

development,” says Schulz.

“As a country, we have vast expertise, but

for instance, only 7% of construction projects

in sub-Saharan Africa are undertaken by

South African companies, while 32% of

contracts are awarded to Chinese entities.

There are clearly more opportunities to

seize for South Africa and to grow our local

economy,” adds Schulz.

He is also of the view that a consolidated

road freight industry is also needed to drive

reform and advancement in the sector, as

well as in the larger economy. “Trucking

touches every facet of the society and is

a key driver of economic development,

from construction to long-haul transport

of commodities, cold chain logistics and

utilities. Businesses therefore have to be

UD Trucks Southern Africa expects an exciting year ahead, especially on the

product front with several new launches expected.

TRANSPORT

MAKE

2016 Dec

2016

UNITS

MS %

POS

UNITS

MS %

POS

HINO

148

20.8%

2

2231

25.8%

1

ISUZU

245

34.4%

1

2131

24.7%

2

MERCEDES

85

11.9%

3

1164

13.5%

3

FUSO

63

8.8%

5

873

10.1%

4

VOLKSWAGEN

77

10.8%

4

797

9.2%

5

IVECO

54

7.6%

6

600

6.9%

6

TATA

11

1.5%

7

306

3.5%

7

HYUNDAI

8

1.1%

9

204

2.4%

8

FORD

11

1.5%

7

123

1.4%

9

JMC

5

0.7%

10

108

1.2%

10

PEUGEOT

5

0.7%

10

77

0.9%

11

FIAT

1

0.1%

12

28

0.3%

12

CITROEN

0.0%

13

3

0.0%

13

UD TRUCKS

0

0.0%

13

0

0.0%

14

SEGMENT

2016

LDT

8 645

MDT

5 589

HDT

12 583

BUS

1 327

TOTAL

28 144