Travel Insurance Online :: News
SHARE

Share this news item!

Australian Truck Sales Experience Significant Downturn

Economic Factors Contribute to 11.7% Sales Decrease in August 2025

Australian Truck Sales Experience Significant Downturn?w=400
The Australian truck market has witnessed a notable decline, with sales dropping by 11.7% in August 2025 compared to the same month in 2024.
This downturn aligns with a broader decrease in business activity across the nation, as reported by the Truck Industry Council (TIC).

From January to August 2025, a total of 29,849 trucks and heavy vans were delivered, marking a reduction of 3,859 units compared to the same period in the previous year. TIC CEO Tony McMullan attributed this decline to prevailing economic conditions affecting various business sectors in Australia.

Despite the current downturn, McMullan remains cautiously optimistic, suggesting that if the current sales trajectory continues, the year-end total for 2025 could reach approximately 45,000 new truck and van sales. This figure would represent the third-highest annual sales result recorded in Australia's heavy vehicle market.

Breaking down the figures by segment:

  • Heavy Duty Trucks: Sales decreased by 17.4% in August 2025, with 1,081 units sold, down from 1,308 in August 2024.
  • Medium Duty Trucks: Experienced an 18% decline, with 539 units sold in August 2025 compared to 657 in the same month of the previous year.
  • Light Duty Trucks: Maintained steady sales, matching the 1,190 units sold in August 2024.

For transport business owners and fleet managers, these trends underscore the importance of strategic planning and adaptability in response to fluctuating market conditions. Staying informed about industry developments and economic indicators will be crucial for navigating the challenges ahead.

Published:Sunday, 5th Oct 2025
Source: Paige Estritori

Share this news item:

Insurance News

Allianz Australia Penalised for Misleading Travel Insurance Information
Allianz Australia Penalised for Misleading Travel Insurance Information
11 Oct 2025: Paige Estritori
In a significant ruling, Allianz Australia Insurance and its subsidiary, AWP Australia, have been fined a total of $16.8 million for providing misleading information about their travel insurance products. The Supreme Court of New South Wales found that between 2016 and 2018, the companies misrepresented the extent of coverage available to consumers, leading to potential misunderstandings about policy benefits. - read more
Surge in Bali Travel Among Australians Leads to Increased Insurance Claims
Surge in Bali Travel Among Australians Leads to Increased Insurance Claims
11 Oct 2025: Paige Estritori
The allure of Bali continues to captivate Australian travellers, with a notable 43% increase in travel insurance policies purchased for the destination since the 2022/23 summer season. This surge has corresponded with a 50% rise in related insurance claims, now accounting for 16% of all claims submitted to Southern Cross Travel Insurance (SCTI) in 2024. - read more
Hidden Exclusions in Travel Insurance: What Australian Travellers Need to Know
Hidden Exclusions in Travel Insurance: What Australian Travellers Need to Know
11 Oct 2025: Paige Estritori
Australian travellers are being urged to carefully review their travel insurance policies to identify potential exclusions that could affect their coverage. Legal expert Peter Carter from Carter Capner Law highlights that certain activities, such as riding motorbikes or jet skis and consuming alcohol, are often classified as high-risk by insurers. Incidents occurring during these activities may lead to claim rejections. - read more
Cover-More's New Cancellation Cover: What Travellers Need to Know
Cover-More's New Cancellation Cover: What Travellers Need to Know
03 Oct 2025: Paige Estritori
In a significant development for Australian travellers, Cover-More has unveiled a new trip cancellation product designed to offer broader protection against unforeseen disruptions. This initiative addresses common concerns among travellers about the limitations of existing cancellation policies. - read more
Allianz and Norwegian Cruise Line: A New Era of Cruise Travel Insurance
Allianz and Norwegian Cruise Line: A New Era of Cruise Travel Insurance
03 Oct 2025: Paige Estritori
In a strategic move to enhance travel protection for cruise passengers, Allianz Partners Australia has partnered with Norwegian Cruise Line to offer specialised travel insurance coverage. This collaboration aims to provide cruisers with policies tailored to the unique aspects of sea voyages. - read more


Travel Insurance Articles

How to Find the Best Travel Insurance Deals in Australia
How to Find the Best Travel Insurance Deals in Australia
Travelling is one of life's greatest joys, but it's not without its risks. This is where travel insurance comes into play for Australians. It ensures peace of mind, knowing that you're covered for unforeseen events such as medical emergencies, trip cancellations, or lost luggage. - read more
From Flight Cancellations to Lost Luggage: Why Travel Insurance is Crucial
From Flight Cancellations to Lost Luggage: Why Travel Insurance is Crucial
Picture this: You're all set for your dream vacation. Suitcases packed, tickets in hand, and the excitement building. But then, an unexpected disappointment hits. Your flight is cancelled. Suddenly, your well-laid plans are thrown into disarray. - read more
How to Ensure Your Travel Insurance Covers Your Next Adventure Sport
How to Ensure Your Travel Insurance Covers Your Next Adventure Sport
Australians are known for their adventurous spirit, often seeking thrills through activities such as bungee jumping, surfing, and skiing. Adventure sports provide an adrenaline rush and an escape from the everyday routine, making them highly appealing to those who crave excitement and challenge. - read more
Protect Yourself: Understanding Travel Insurance Fraud Risks in Australia
Protect Yourself: Understanding Travel Insurance Fraud Risks in Australia
Travel insurance fraud involves deceitful practices that take advantage of insurance policies designed to offer protection against travel-related risks. It can manifest in various forms, such as exaggerated claims or false reporting of lost items, aiming to gain an undeserved financial benefit from the insurer. - read more
The Savvy Traveller's Checklist for Affordable Travel Insurance
The Savvy Traveller's Checklist for Affordable Travel Insurance
Travel insurance is an indispensable component for any savvy traveller from Australia, playing a protective role in a myriad of situations that may occur away from home. Whether it's encountering flight delays, requiring medical assistance, or facing luggage theft, having a solid travel insurance policy can convert potential nightmares into manageable inconveniences. Yet, despite its importance, the process of finding a policy that won't break the bank is increasingly challenging. - read more


Your Travel Insurance quote comparison starts here!
First Name:
Postcode:

All quotes are provided free (via our secure server) and without obligation. We respect your privacy.

Knowledgebase
Moral Hazard:
The concept that individuals may take on more risk when they do not bear the full consequences of that risk, often relevant in insurance scenarios.