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

 


New vehicle sales steam ahead in September


Media Release 4 October 2012
New vehicle sales steam ahead in September


Spurred on by strong sales in all segments, new vehicle sales provide a bright light in the current gloomy economic environment. Sales continued to push ahead full steam with another very positive sales month in September.

Motor Trade Association (MTA) said last month, 8,690 new vehicles were sold overall, compared to 7,628 in September 2011. This is an increase of 1,062 units (14 percent). Year to date, overall sales are now up by 11,265 units (17 percent).

MTA spokesperson Ian Stronach said “September is often a strong month sales wise with many of the new season’s rental fleet being included. Indications this year though are that rental deliveries have only been modest, meaning the sales performance is even more noteworthy than it first appears.”

New car sales of 6,637 units were ahead by 953 units (17 percent) compared to the same month last year, making 2012 the strongest September sales month in four years. Year to date, new car sales are ahead of 2011 by 9,328 units (20 percent).

Stronach adds “All distributors appear to have good availability of stock. There are still plenty of aggressive marketing campaigns out there and buyer interest remains strong. With the New Zealand dollar remaining at close to historically high rates, a new vehicle is stacking up as a compelling proposition for more and more people.”

The new commercial vehicle market was also strong. Sales of 2,053 units were ahead by 109 units (6 percent) compared to September 2011, making 2012 the strongest September for commercial vehicle sales in five years. Year to
date, overall new commercial sales are ahead of 2011 by1,937 units (12 percent).
Top selling passenger car brands:
• Toyota 1,211 units 18 percent market share
• Holden 762 units 11 percent market share
• Ford 610 units 9 percent market share

Top selling passenger car models:
o Toyota Corolla 453 units
o Suzuki Swift 351 units
o Holden Commodore 287 units

Top selling commercial vehicle brands:
• Toyota 533 units 26 percent market share
• Ford 315 units 15 percent market share
• Mitsubishi 222 units 11 percent market share

Top selling commercial vehicle models:
o Toyota HiLux 335 units
o Ford Ranger 249 units
o Holden Colorado 195 units

Used import car sales of 6,222 units were behind by just 144 units (2 percent) compared to September 2011. Year to date, sales of used imported cars are down by 2,977 units (6 percent).

On road motorcycle sales continued their recent revival, with 484 units sold making it the best sales month since March. September’s sales were however down on the same month last year by 107 units (18 percent). For the year to date, on-road motorcycle sales are down by 790 units (16 percent).


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Research: ‘Ageing Well’ Science Challenge Launched

Science and Innovation Minister Steven Joyce today launched the Ageing Well National Science Challenge, confirming initial funding of $14.6 million. More>>

ALSO:

Scoop Business: Govt Resisting Pressure To Pump More Cash Into Solid Energy

Prime Minister John Key says it is “not the government’s preferred option” to make a fresh capital injection into the troubled state-owned coal miner, Solid Energy, but dodged journalists’ questions at his weekly press conference on whether that might prove necessary... More>>

ALSO:

Lagest Ever Privacy Breach Award: NZCU Baywide Accepts “Severe” Censure In Cake Case

NZCU Baywide says that once it was found to have committed a breach of a former staff member’s privacy, it had attempted to resolve the matter... the censure and remedies for its actions taken almost three years ago are “severe” but accepted, and will hopefully draw a line under the matter. More>>

ALSO:

Scoop Business: PayPal Stops Processing Mega Payments; NZX Listing Still On

PayPal has ceased processing payments for Mega, the file storage and encryption firm looking to join the New Zealand stock market via a reverse listing of TRS Investments, amid claims it is not a legitimate cloud storage service. More>>

ALSO:

Housing Policy: Auckland Densification As Popular As Ebola, English Says

Finance Minister Bill English said calls by the Reserve Bank Governor for more densification in Auckland’s housing were “about as popular in parts of Auckland as Ebola” would be. More>>

ALSO:

Crown Accounts: NZ Government Deficit Smaller Than Expected In First Half

The New Zealand government's operating deficit was smaller than expected in the first six months of the financial year, as the consumption and corporate tax take rose ahead of forecast in December, having lagged estimates in previous months. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news