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

 

Bad Day For Rope: Donaghys Job Losses Another Blow To Dunedin

The loss of 30 jobs from Donaghys rope and twine factory is yet another blow to the people and economy of Dunedin, says Dunedin South Labour MP Clare Curran. More>>

ALSO:

Oil: 2014 New Zealand Petroleum Summit

Simon Bridges: Our abundance of energy and minerals resources provides us with unique opportunities to build the New Zealand economy.

Over the past three years the Government has made significant changes to how the sector is regulated. More>>

ALSO:

WWF Report: Solutions In Reach; World Biodiversity Suffers Major Decline

Global wildlife populations have declined by more than half in just 40 years as measured in WWF's Living Planet Report 2014. Wildlife's continued decline highlights the need for sustainable solutions to heal the planet... More>>

ALSO:

Scoop Business: NZ Dollar Catches Breath After "Goldilocks" Slump

The New Zealand dollar edged up following its dramatic slump yesterday after the Reserve Bank confirmed speculation it intervened in the currency market last month and PM John Key suggested a “Goldilocks” level far lower than at present. More>>

ALSO:

Biosecurity: Kiwifruit Claim To Hold Officials Accountable For Psa

Kiwifruit growers have joined forces to hold Biosecurity NZ accountable in the courts for its negligence in allowing 2010’s Psa outbreak that devastated New Zealand’s kiwifruit industry and exports. Foundation claimants representing well ... More>>

ALSO:

Poison: Anglers Advised Not To Eat Trout In 1080 Areas

With the fishing season opening in just a few days (1 October 2014), anglers are being warned by the Department of Conservation(DOC) not to eat trout from pristine backcountry waters and their downstream catchments, where the department is conducting 1080 poisoning operations. More>>.

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand

Mosh Social Media
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news