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

 

Scoop Business: RBNZ Starts Talks On Tougher Rules For Property Speculators

The Reserve Bank of New Zealand is stepping up preparations to restrict lending to residential property investors as it watches house prices, particularly in Auckland, continue to rise strongly. More>>

ALSO:

Research: ‘Ageing Well’ Science Challenge Launched

Science and Innovation Minister Steven Joyce today launched the Ageing Well National Science Challenge, confirming initial funding of $14.6 million. More>>

ALSO:

Scoop Business: Govt Resisting Pressure To Pump More Cash Into Solid Energy

Prime Minister John Key says it is “not the government’s preferred option” to make a fresh capital injection into the troubled state-owned coal miner, Solid Energy, but dodged journalists’ questions at his weekly press conference on whether that might prove necessary... More>>

ALSO:

Lagest Ever Privacy Breach Award: NZCU Baywide Accepts “Severe” Censure In Cake Case

NZCU Baywide says that once it was found to have committed a breach of a former staff member’s privacy, it had attempted to resolve the matter... the censure and remedies for its actions taken almost three years ago are “severe” but accepted, and will hopefully draw a line under the matter. More>>

ALSO:

Scoop Business: PayPal Stops Processing Mega Payments; NZX Listing Still On

PayPal has ceased processing payments for Mega, the file storage and encryption firm looking to join the New Zealand stock market via a reverse listing of TRS Investments, amid claims it is not a legitimate cloud storage service. More>>

ALSO:

Housing Policy: Auckland Densification As Popular As Ebola, English Says

Finance Minister Bill English said calls by the Reserve Bank Governor for more densification in Auckland’s housing were “about as popular in parts of Auckland as Ebola” would be. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

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