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

 


November new vehicle sales - best in five years


November new vehicle sales - best in five years


Sales of new cars and commercial vehicles continue to bounce back with sales for November the best since 2007, says Motor Trade Association (MTA).
Dominated by Toyota, which sold 1,768 units for a 20 percent share of the market, sales in November maintained the brisk pace evident all year. 8,581 new passenger and commercial vehicle units were sold overall, up 1,253 units (17 percent) on the 7,328 units sold in November 2011. Year to date, total new vehicle sales are up 14,880 units (19 percent).

MTA spokesperson Ian Stronach said: “The market has confounded most observers this year. November is usually a bit quieter after October, which is often boosted by rental deliveries, but it’s held up really well this time. The industry is a little bit excited now as breaking the 100,000 unit mark for the year appears to be a real possibility.”

New car sales, of 6,484 units, were ahead by 840 units (15 percent), compared to the same month last year. Year to date, new car sales are ahead of 2011 by 12,076 units (21 percent).

Sales of 2,097 new commercial vehicles were also ahead, by 413 units (25 percent) compared to November 2011. Year to date, new commercial vehicle sales are ahead of last year by 2,804 units (14 percent).

Top selling passenger car brands:

• Toyota 1,190 units 18 percent market share
• Holden 673 units 10 percent market share
• Hyundai 624 units 9 percent market share


Top selling passenger car models:
o Toyota Corolla 462 units
o Holden Captiva 319 units
o Toyota Yaris 267 units


Top selling commercial vehicle brands:
• Toyota 578 units 27 percent market share
• Nissan 253 units 12 percent market share
• Ford 231 units 11 percent market share


Top selling commercial vehicle models:
o Toyota HiLux 350 units
o Nissan Navara 247 units
o Toyota HiAce 199 units

At 7,183 units, sales of used imported passenger cars were the strongest they have been all year. They were up by 221units (3 percent) compared to November 2011, and for the year to date are now down by just 2,156 units (3 percent).
Pushed by a 50 percent surge in scooter (below 60cc) sales, on-road motorcycle sales powered away to record sales of 616 units, the best result in 18 months. Sales were up 118 units (24 percent) over November 2011. For the year to date, on-road motorcycle sales are down 580 units (10 percent).

Says Stronach “It’s heartening to see the good news spreading across the other sectors as well; it can only be good when we are seeing stronger sales in on-road motorcycles and used imported cars as well.”

ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Sky City : Auckland Convention Centre Cost Jumps By A Fifth

SkyCity Entertainment Group, the casino and hotel operator, is in talks with the government on how to fund the increased cost of as much as $130 million to build an international convention centre in downtown Auckland, with further gambling concessions ruled out. The Auckland-based company has increased its estimate to build the centre to between $470 million and $530 million as the construction boom across the country drives up building costs and design changes add to the bill.
More>>

ALSO:

RMTU: Mediation Between Lyttelton Port And Union Fails

The Rail and Maritime Union (RMTU) has opted to continue its overtime ban indefinitely after mediation with the Lyttelton Port of Christchurch (LPC) failed to progress collective bargaining. More>>

Earlier:

Science Policy: Callaghan, NSC Funding Knocked In Submissions

Callaghan Innovation, which was last year allocated a budget of $566 million over four years to dish out research and development grants, and the National Science Challenges attracted criticism in submissions on the government’s draft national statement of science investment, with science funding largely seen as too fragmented. More>>

ALSO:

Scoop Business: Spark, Voda And Telstra To Lay New Trans-Tasman Cable

Spark New Zealand and Vodafone, New Zealand’s two dominant telecommunications providers, in partnership with Australian provider Telstra, will spend US$70 million building a trans-Tasman submarine cable to bolster broadband traffic between the neighbouring countries and the rest of the world. More>>

ALSO:

More:

Statistics: Current Account Deficit Widens

New Zealand's annual current account deficit was $6.1 billion (2.6 percent of GDP) for the year ended September 2014. This compares with a deficit of $5.8 billion (2.5 percent of GDP) for the year ended June 2014. More>>

ALSO:

Still In The Red: NZ Govt Shunts Out Surplus To 2016

The New Zealand government has pushed out its targeted return to surplus for a year as falling dairy prices and a low inflation environment has kept a lid on its rising tax take, but is still dangling a possible tax cut in 2017, the next election year and promising to try and achieve the surplus pledge on which it campaigned for election in September. More>>

ALSO:

Job Insecurity: Time For Jobs That Count In The Meat Industry

“Meat Workers face it all”, says Graham Cooke, Meat Workers Union National Secretary. “Seasonal work, dangerous jobs, casual and zero hours contracts, and increasing pressure on workers to join non-union individual agreements. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

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