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

 


Used imports boost January’s vehicle sales

Media Release 7 February 2013



Used imports boost January’s vehicle sales


The vehicle market, including all New Zealand new and first time registered used imported vehicles enjoyed a strong start to 2013. With total sales of 17,119 units, the market was up by 1,818 units (12 percent) compared to January 2012.

The stand-out sector though was used imported vehicles, aided by the strength of the New Zealand dollar and growing availability of ‘qualifying’ stock. While a comparatively small market, used imported commercial vehicles showed an even greater improvement than their New Zealand new counterparts. The 429 sales recorded in January was up 184 units (75 percent) compared to a year ago, and was the best single month for sales since December 2009.

Used imported passenger cars of 7,397 were up 1,022 units (16 percent) compared to 2012, and proved to be their best January month in over a year, with Mazda’s Demio the most popular individual model. Used imported passenger car sales were just ahead of their New Zealand new counterparts for the month (12 units).

MTA spokesman Ian Stronach says “This contest – between brand new and New Zealand new – is shaping up as an intriguing one in the months ahead. It will be interesting to observe the progress of the used imported market, in light of the recent improvement in the cross-rate of the Kiwi dollar against the Yen.”

“The sales count exceeded ‘arrival’ numbers by a considerable margin in January and more stock will need to arrive if sales volumes are to be maintained at current levels.”

Total new vehicles sales of 9,293 were 612 units (7 percent) ahead of 2012. Toyota led the new vehicle market with 1,936 sales (1,528 passenger cars and 408 commercials) for a 21 percent market share.

New passenger vehicle sales of 7,385 were down 114 units (2 percent) compared to 2012. New commercial sales were strong (up 61 percent), bouncing back from an artificially low January 2012 that was heavily affected by the aftermath of the tsunamis that struck Asia.

On road motorcycle sales remained subdued in January. Total sales of 717 units was down by 31 units (4 percent) compared to 2012. While all segments were down, used imported sales were particularly soft, down 9 percent. Suzuki led the way in new sales with 110 units, followed by Honda with 72 sales and Harley Davidson who recorded 56 sales.


Figures provided by the NZ Transport Agency (NZTA).


ENDS


130207_New_vs_Used_Import__Passenger.pdf

130207_New_vs_Used_Import__Total_Market.pdf

130207_Used_import_passenger_registrations.pdf

130207_New_motorcycle_registrations.pdf

130207_New_passenger_registrations.pdf


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

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>>

Industrial Action: Stats NZ Throwing Public Money Away Duplicating Data

The Public Service Association (PSA) says Statistics NZ are throwing money away by collecting the same data twice for official statistics such as the Consumer Price Index... As part of the ongoing industrial action, field interviewers who are PSA members are continuing to collect data, but are not sending it through to Statistics NZ. More>>

ALSO:

Other Stats:

Space: Rosetta's 'Philae' Makes Historic First Landing On A Comet

After more than a decade traveling through space, a robotic lander built by the European Space Agency has made the first-ever soft landing of a spacecraft on a comet. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

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