IBISWorld Platform
Answer any industry question in minutes with our entire database at your fingertips.
Velocity Vehicle Group Topco Pty Ltd
Velocity Truck Centres Australia is a Proprietary Company that generates the majority of its income from the Motor Vehicle Dealers industry. In 2024 the company generated total revenue of $1,016,784,000 including sales and other revenue. In 2024 Velocity Truck Centres Australia had 963 employees including employees from all subsidiaries under the company's control. The Chief Executive Officer of Velocity Truck Centres Australia is either not applicable or not available.The Chairman of Velocity Truck Centres Australia is Mr Brad Fauvre whose official title is President. Velocity Vehicle Group Topco Pty Ltd, trading as Velocity Truck Centres Australia operates a network of commercial vehicle dealerships that sell, lease and service trucks, buses and light commercial vehicles. The company is an authorised dealer for the following brands: Mercedes-Benz Trucks Freightliner FusoThe company also offers manufacturer-authorised servicing, warranty repairs, accident repairs and fleet maintenance programs.
Access this data your way
The Velocity Vehicle Group Topco Pty Ltd Industry analysis is available in multiple formats to fit seamlessly into your workflow.
API Data Delivery
Feed trusted, human-driven industry intelligence straight into your platform.
Integrations
Streamline your workflow with IBISWorld’s intelligence built into your toolkit.
What's included in this industry analysis
IBISWorld's research coverage on the Velocity Vehicle Group Topco Pty Ltd includes market sizing, forecasting, data and analysis. The most recent publication will be as current as of March 2026.
Company Details
What’s this enterprise profile about?
Velocity Vehicle Group Topco Pty Ltd, trading as Velocity Truck Centres Australia, operates under the ABN 76 646 514 141 and was incorporated on 10 December 2020. Velocity Vehicle Group Topco Pty Ltd primarily operates in the Motor Vehicle Dealers industry in Australia.
Key Personnel
What’s included in the Key Personnel chapter?
The Key Personnel chapter outlines the principal leadership positions within Velocity Vehicle Group Topco Pty Ltd, including the Chairman, Board members, Chief Executive Officer, and other key management personnel. It provides an overview of the company’s governance and executive structure, along with a breakdown of gender diversity across leadership roles, offering insight into the composition of the organisation’s senior team.
Financials
What’s included in the Financials chapter?
The Financials chapter presents Velocity Vehicle Group Topco Pty Ltd’s historical financial performance, including detailed profit and loss statements outlining sales revenue, cost of sales, and profitability. It also incorporates balance sheet data, providing a breakdown of assets and liabilities, as well as additional financial metrics such as the number of shares on issue. Together, these disclosures offer a comprehensive view of the company’s financial position and performance over time.
Growth & Ratios
What’s included in the Growth & Rations chapter?
The Growth & Ratios chapter provides historical data on key financial performance indicators, enabling an assessment of the company’s operational efficiency, profitability, and financial structure over time. Metrics covered include return on equity, return on assets, profit margins, revenue per employee, as well as gearing and leverage ratios, offering a comprehensive view of performance trends and capital management.
Operating Segments
What’s included in the Operating Segments chapter?
The Operating Segments chapter provides an overview of the revenue composition and asset allocation across the various industries in which Velocity Vehicle Group Topco Pty Ltd operates. It offers insights into how the company’s financial performance is distributed among its core business segments, highlighting the relative contribution of each industry to total revenue.
Competitor Benchmarking
What’s included in the Competitor Benchmarking chapter?
The Competitor Benchmarking chapter includes a comparative assessment of Velocity Vehicle Group Topco Pty Ltd’s key financial, growth, and valuation ratios against industry averages to evaluate its competitive position. It analyses valuation metrics such as price-to-earnings, price-to-book, enterprise value to EBITDA, and enterprise value to sales, alongside core financial indicators including liquidity ratios and profitability measures.
Shareholders
What’s included in the Shareholders chapter?
The Shareholders chapter provides a breakdown of the ownership structure of Velocity Vehicle Group Topco Pty Ltd, identifying key shareholders and outlining their respective ownership interests. This section offers insight into the concentration of shareholdings, the presence of institutional or strategic investors, and the overall distribution of equity within the company.
Subsidiaries
What’s included in the Subsidiaries chapter?
The Subsidiaries chapter provides an overview of the companies and business entities that are wholly or partially owned by Velocity Vehicle Group Topco Pty Ltd. It outlines the ownership structure of each subsidiary, offering insight into the broader corporate group and how these entities contribute to the company’s overall activities and performance.
History
What’s included in the History chapter?
The History chapter presents a overview of Velocity Vehicle Group Topco Pty Ltd’s development, highlighting key milestones and significant corporate events since its incorporation. It includes the company’s incorporation date and outlines major strategic, operational, and structural developments, providing context for its evolution and current market position.
Trusted by industry professionals
More than 6,000 businesses use IBISWorld to shape local and global economies
We were able to supplement our reports with IBISWorld’s information from both a qualitative and quantitative standpoint. All of our reporting now features some level of IBISWorld integration.
IBISWorld delivers the crisp business knowledge we need to drive our business. Whether it be serving up our major clients, winning new business or educating on industry issues, IBISWorld brings real value.
IBISWorld has revolutionised business information — which has proved commercially invaluable to exporters, investors and public policy professionals in Australia and overseas.
When you’re able to speak to clients and be knowledgeable about what they do and the state that they operate in, they’re going to trust you a lot more.
Frequently Asked Questions
What is Velocity Vehicle Group Topco Pty Ltd?
Velocity Vehicle Group Topco Pty Ltd, trading as Velocity Truck Centres Australia operates a network of commercial vehicle dealerships that sell, lease and service trucks, buses and light commercial vehicles. The company is an authorised dealer for the following brands: Mercedes-Benz Trucks Freightliner FusoThe company also offers manufacturer-authorised servicing, warranty repairs, accident repairs and fleet maintenance programs.
What industry does Velocity Vehicle Group Topco Pty Ltd operate in?
Velocity Vehicle Group Topco Pty Ltd, trading as Velocity Truck Centres Australia, is a Private Company that generates the majority of its income from the Motor Vehicle Dealers industry in Australia.
Where is Velocity Vehicle Group Topco Pty Ltd located?
Murray Cod Australia Limited company is based at 423 Boundary Road, Truganina, Victoria, Australia.
Who is the CEO of Velocity Vehicle Group Topco Pty Ltd?
The President of Velocity Vehicle Group Topco Pty Ltd is Richard Higgins and the President is Brad Fauvre.
What was Velocity Vehicle Group Topco Pty Ltd’s revenue in 2025?
In 2025, Velocity Vehicle Group Topco Pty Ltd generated total revenue of approximately $1.0 billion.
Cut through the noise with intelligence you can trust
