Key Market Indicators
Dominican commercial vehicle registration is expected to reach 3,010 units by 2026, a 12.1% decrease from the 6,170 units seen in 2021. On average, the Dominican market has decreased by 20.8% year-on-year since 2010. Algeria overtook the Dominican Republic in 2021 with 6,170 units. Mexico, Argentina, and Australia rounded out the top four. Diesel truck sales are predicted to reach $240.4 million by 2026, a 2.3% increase from the $207.3 million seen in 2020. Year-on-year demand has been on a steady rise by 1.8%. France, Italy, and Australia came in at numbers two, three, and four in this ranking.
