2007 new vehicle sales just short of 2005 record

Media Release
7 January 2008

2007 new vehicle sales just short of 2005 record

New vehicle sales for the full year 2007 reached 102,468 (77,454 cars and 25,014 commercial vehicles), just 980 units (1.0%) behind the 16 year record set in 2005. Fourth quarter sales of 26,276 new vehicles (4.6% ahead of the same period in the record year 2005) saw full year 2007 sales grow over 2006 by 2.5%.

“It was a great way to finish the year,” said Motor Industry Association CEO Perry Kerr. “Despite indications of the economy reaching a plateau, new vehicle sales in 2007 actually regained ground to the point where they virtually matched 2005, the peak year since the industry recovered from the used import-induced doldrums of the mid nineties. The new vehicle industry has definitely put its past behind it and is looking forward to continued strength in the future.”

Toyota finished the year with a flourish (with over a quarter of the total market in December) to take a commanding lead for 2007 in passenger cars, commercials and total vehicles. Ford finished in second place with Holden taking the bronze for passenger cars and total vehicles (although they were pipped by Nissan for commercials).

Commodore closed out the year as NZ’s top selling car model in spite of a surging finish from Corolla, with Falcon hanging on for third.

December_2007_sales_tables.xls

Sheet 1: Top fifteen distributors, full year 2006, month of December and full year 2007, total vehicles, new cars, new commercials.

Sheet 2: Top fifteen sellers by model, full year 2006, month of December and full year 2007, top fifteen rental cars December 2007.

ENDS

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