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

 

Air NZ Wine Awards: Victory For Villa Maria As Pinot Noir Thrills

It was a night to remember as Villa Maria Estate picked up one of the highest accolades of the evening, the O-I New Zealand Reserve Wine of the Show Trophy, at the 28th Air New Zealand Wine Awards. The Villa Maria Single Vineyard Southern Clays Marlborough ... More>>

ALSO:

Future Brighter Money: RBNZ Releases New Bank Note Designs

New Zealand’s banknotes are getting brighter and better, with the Reserve Bank today unveiling more vibrant and secure banknote designs which will progressively enter circulation later next year. More>>

ALSO:

Commerce: Supermarket Inquiry Finds No Breaches By Countdown

The Commerce Commission inquiry into anti-competitive behaviour by Countdown supermarkets, alleged by former Labour Party MP Shane Jones, has found nothing to warrant prosecution, although it warns supermarkets to take care in the way they communicate... More>>

ALSO:

Crown Accounts: English Flags ‘Challenge’ To Budget Surplus

Finance Minister Bill English is warning next month’s half yearly fiscal and economic update from the Treasury may not forecast a budget surplus, saying that returning the government’s accounts to surplus in 2015 will be “a challenge”, given the decline in commodity prices and weak global inflation. More>>

ALSO:

March 2015: Netflix To Launch In Australia And New Zealand

World’s Leading Internet Television Network to Offer Original Series, Movies, Documentaries, Stand-Up Comedy Specials and TV Shows for Low Monthly Price More>>

ALSO:

Price Of Cheese (Is Up): Dairy Product Prices Fall To Five-Year Low

Dairy product prices fell in the latest GlobalDairyTrade auction to the lowest level in more than five years, led by declines in rennet casein and skim milk powder. More>>

ALSO:

Gordon Campbell: On The Australians Scoring Trade Points Against Us With The Chinese

It hasn’t been a great year for Trade Minister Tim Groser... To top it off, Australia has just signed a FTA with China that has far better provisions on dairy exports than what New Zealand currently enjoys in our own FTA with China. More>>

ALSO:

Iwi & Local Consultation: Oil And Gas Block Offer 2015 Begins

Energy and Resources Minister Simon Bridges today announced the start of the Block Offer 2015 process for awarding oil and gas exploration permits. More>>

Get More From Scoop

 
 
Standards New Zealand

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