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

 


Record sales for Toyota New Zealand in 2012

3 January 2013

Record sales for Toyota New Zealand in 2012

2012 will go down as Toyota’s best sales year on record as Kiwis bought more new and used Toyotas in New Zealand than in any previous year, and purchased a record number of parts and accessories.

Preliminary industry data indicates Toyota sold 22,110 new vehicles and 7,646 used vehicles in 2012. The year also marked 25 years in a row for Toyota as this country’s market leader for new car sales.

Steve Prangnell, Toyota General Manager Sales and Operations, says Toyota has its loyal customers to thank for a record year in 2012.

“Kiwis have been through some tough times in recent years and we are humbled by the fact that our customers have continued to believe in our products and support Toyota, resulting in record sales.”

Mr Prangnell says 2012 saw the new vehicle market in New Zealand grow at almost 10 times the rate of the country’s economy to bounce back to pre global financial crisis levels.

In 2012, the overall new car market was up 19 per cent on 2011 and Toyota captured a strong 22 per cent of the market. Toyota’s passenger market share was 20 per cent and its commercial share was 27 per cent.

Mr Prangnell says Kiwis were clearly excited by Toyota’s new models launched in 2012 including Camry, a family of Prius models including the Prius c and v, Avensis, Aurion, the sporty 86 and the ever popular Corolla.

“Corolla and Hilux are the two best selling vehicles in New Zealand, but the release of the Toyota 86 was one of the year’s real success stories, capturing the imagination of sports car fans and the motoring media,” he says.

The 86 was in hot demand ahead of its August launch and picked up a string of awards and accolades both here and overseas including Car of the Year awards in New Zealand, Australia, and the United Kingdom.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Fruitful Endeavours: Kiwifruit Exports Reach Record Levels

In June 2016, kiwifruit exports rose $105 million (47 percent) from June 2015 to reach $331 million, Statistics New Zealand said today. Overall, goods exports rose $109 million (2.6 percent) in June 2016 (to $4.3 billion). More>>

ALSO:

Economic Update: RBNZ Says Rate Cut Seems Likely

The Reserve Bank will likely cut interest rates further as a persistently strong kiwi dollar makes it difficult for the bank to meet its inflation target, it said. The local currency fell. More>>

ALSO:

House Price Action Plan: RBNZ Signals National Lending Restrictions

The central bank wants to cap bank lending to property investors with a deposit of less than 40 percent at 5 percent and restore the 10 percent limit for owner-occupiers wanting to take out a mortgage with a deposit of less than 20 percent, according to a consultation paper released today. More>>

ALSO:

Sparks Fly: Gordon Campbell On China Steel Dumping Allegations

No doubt, officials on the China desk at MFAT have prided themselves on fashioning a niche position for New Zealand right in between the US and China – and leveraging off both of them! Well, as the Aussies would say, of MFAT: tell ‘em they’re dreaming. More>>

ALSO:

Loan Sharks: Finance Companies Found Guilty Of Breaching Fair Trading Act

Finance companies Budget Loans and Evolution Finance, run by former 1980s corporate high-flyer Allan Hawkins, have been found guilty of 106 charges of breaching the Fair Trading Act for misleading 21 borrowers while enforcing loan contracts. More>>

ALSO:

Post Panama Papers: Govt To Adopt Shewan's Foreign Trust Recommendations

The government will adopt all of the recommendations from former PwC chairman John Shewan to increase disclosure and introduce a register for foreign trusts with new legislation to be introduced next month. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news