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

 


Record December, Record Year for New Commercial Vehicles

Media Release

7 January 2014

Record December, Record Year for New Commercial Vehicle Registrations

Further to the MIA’s press release earlier in the week “analysis of new commercial vehicle registrations show 2013 was an extraordinary year, breaking all records since the MIA began collecting commercial vehicle data in 1981 with 30,822 registrations” says David Crawford, Chief Executive Officer of the Motor Industry Association of New Zealand.

The highest annual totals for sales of new commercial vehicles are:
Year | Total
2013 | 30,822
1982 | 30,492
1984 | 26,892
2005 | 25,623
1981 | 25,014

The strongest segments in the new commercial vehicle markets were two wheel drive utes, four wheel drive utes and trucks above 15,000kgs. Sales of two wheel drive utes were a massive 48% ahead of 2012, while sales of four wheel drive utes was a healthy 30% ahead of 2012.

Sales of the heavy vehicles above 15 tonnes also increased significantly with registrations of trucks greater than 15,000kgs 36% ahead of 2012.

| 2012 | 2013 | Difference | % Increase
2 WD Utes | 5,324 | 7,897 | 2,573 | 48%
4 WD Utes | 10,299 | 13,339 | 3,040 | 30%
Trucks (>15,000ks) | 1,718 | 2,343 | 625 | 36%

Registrations of new commercial vehicles picked up in the second half of 2013, with the months of September, October, November and December each being the strongest month since records began compared to previous years’ monthly registrations. “A number of factors have contributed to the strong demand, such as the Christchurch rebuild, strong Auckland regional economy, growing strength of the NZ economy and the high New Zealand dollar resulting in businesses having the confidence to replace big ticket items” says Mr Crawford.

The Toyota Hilux and Ford Ranger were the most popular commercial vehicle models, in what was a closely fought match throughout 2013. Toyota was the highest seller in 6 of the 12 months, 5 times in the first six months of 2013. The Ranger was also highest in 6 of the 12 months, 5 times in the last six months of 2013. Overall, the Toyota Hilux retained it’s 30 plus year reign as the most popular ute in New Zealand with 5,041 registrations compared to the Ford Ranger with 4,924 registrations, a difference of 117 vehicles over the year.

Of the 30,822 commercial vehicles sold during the year, 28,709 were diesel powered.


ENDS.


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

BusinessDesk: APN's NZME Sees Future In Paywalls, Growth In Digital Sales

APN News & Media has touted a single newsroom concept for its NZME unit in New Zealand, similar to what Germany's Die Welt uses, saying an 'integrated sales proposition' is helping it win market share, including ... More>>

Labour Party: Global Milk Prices Now Lowest In 6 Years

The latest fall in the global dairy price has brought it to the lowest level in six years and shows there must be meaningful action in tomorrow’s Budget to diversify the economy, says Labour’s Finance spokesperson Grant Robertson. “Dairy prices ... More>>

BusinessDesk: NZ Inflation Expectations Creep Higher In June Survey

May 19 (BusinessDesk) - New Zealand businesses lifted their expectations for inflation over the next two years, sapping any immediate pressure on the Reserve Bank to cut interest rates, and prompting the kiwi dollar to jump higher. More>>

BusinessDesk: Lower Fuel Costs Drive Down NZ Producer Input, Output Prices

May 19 - Producer input and output prices fell in the first quarter, mainly reflecting lower fuel costs and weakness in prices of meat and dairy products. More>>

Media: Fairfax Media NZ Announces Senior Editorial Team

Fairfax Media New Zealand has today confirmed its new editorial leadership team, as part of a transformation of its newsrooms aimed at enhancing local and national journalism across digital and print. More>>

Science: Flavonoids Reduce Cold And Cough Risk

Flavonoids reduce cold and cough risk Research from the University of Auckland shows eating flavonoids – found in green tea, apples, blueberries, cocoa, red wine and onions – can significantly reduce the risk of catching colds and coughs. The research, ... More>>


BusinessDesk: RBNZ House Alert Speech The Catalyst For Government Action

Prime Minister John Key all but conceded that pressure from the Reserve Bank of New Zealand for concerted action on rampant Auckland house prices was one of the main catalysts for the government's weekend announcements about tightly ... More>>

BusinessDesk: How To Fall Foul Of The New Housing Tax Rules: Tips From IRD

Just because you rented out your investment property doesn't absolve you from paying tax, says the Inland Revenue Department in a summary of commonly made mistakes by non-professional property investors when it comes to their tax liability.More>>

Legal: Superdiversity Law, Policy And Business Stocktake Announced

Mai Chen, Managing Partner at Chen Palmer New Zealand Public and Employment Law Specialists and Adjunct Professor of Law at the University of Auckland, today announced the establishment ... More>>

Housing: More House Price Gains Expected

House price expectations remain high, with a net 56% of respondents expecting house prices will increase. Fears of higher interest rates are fading, consistent with the RBNZ’s signals this year. Affordability and a lack of houses for ... More>>

TDDA: State-Of-The-Art Drug Testing Laboratory To Open In Auckland

World leading drug testing agencies, The Drug Detection Agency (TDDA) and Omega Laboratories, open New Zealand laboratory More>>

Network: Bigpipe Launches Ultra-Fast Broadband Into Wellington

Bigpipe Launches Ultra-Fast Broadband into Wellington Naked broadband provider Bigpipe has extended its national reach, announcing today, the launch of its unlimited UFB offering into Wellington. The Spark Venture business is giving Wellingtonians the ... More>>

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news