Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Strong new vehicle market continues in February

Media Release

For Immediate Release
4 March 2004

Strong new vehicle market continues in February

The buoyant new vehicle market continued in February, boosted by a particularly strong performance by commercial vehicles. Although new car sales, at 5219, were slightly down on January’s figure, the short selling month of February produced a 7% increase in new car sales over February 2003. 1702 new commercial vehicles were sold in the month, 12% ahead of January, 11% ahead of February 2003 and the biggest February for new commercial sales since 1985.

The Motor Industry Association remains in confident mood. “The very strong sales for new commercial vehicles indicate that the business sector remains very positive about the future,” said Perry Kerr, CEO of the MIA. “Passenger car sales also remain well ahead of last year’s levels and indications are that this level of strength in the market will continue.”

Toyota retained overall market leadership on a year to date basis but Holden hung on to their lead in passenger car sales. Ford made a charge in the month of February, taking out both total vehicle and passenger car leadership, but they remain in third place year to date.

Falcon displaced Commodore as the top selling car model in February, but Commodore is still 265 units ahead year to date.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Scoop 3.0: How You Can Help Scoop’s Evolution

We have big plans for 2018 as we look to expand our public interest journalism coverage, upgrade our publishing infrastructure and offer even more valuable business tools to commercial users of Scoop. More>>

Having A Cow? Dairy Product Prices Slide For Fourth Straight Auction

Dairy product prices fell at the Global Dairy Trade auction, retreating for the fourth straight auction amid signs of increased production... Whole milk powder fell 2.7 percent to US$2,778 a tonne. More>>


Statistics: Butter At Record $5.67/Block; High Vegetable Prices

Rising dairy prices have pushed food prices up 2.7 percent in the year to October 2017, Stats NZ said today. This followed a 3.0 percent increase in the year to September 2017. More>>


Science: New Research Finds Herbicides Cause Antibiotic Resistance

New University of Canterbury research confirms that the active ingredients of the commonly used herbicides, RoundUp, Kamba and 2,4-D (glyphosate, dicamba and 2,4-D, respectively), each alone cause antibiotic resistance at concentrations well below label application rates. More>>


CO2 And Water: Fonterra (And Dairy NZ)'s Environment Plans

Federated Farmers support Fonterra’s bold push to get to zero emissions of CO2 on the manufacturing side of the Co-operative, both in New Zealand and across its global network. More>>


Fisheries: Decision To Delay Monitoring ‘Fatally Flawed’

Conservation group representatives say a decision by the new Minister of Fisheries, Stuart Nash, to delay implementation of camera monitoring of fishing efforts in New Zealand is ‘fatally flawed’. More>>