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

 

Warming: Warming Signs From State Of Climate Report

Climate data from air, land, sea and ice in 2013 'reflect trends of a warming planet' -- says the latest State of the Climate report, launched by U.S. and New Zealand scientists. More>>

ALSO:

Scoop Business: Embrace Falling Home Affordability, Says NZIER

Despair over the inability to afford a house is misplaced and should be embraced as an opportunity to invest in more wealth-creating activity, says the principal economist at the New Zealand Institute of Economic Research, Shamubeel Eaqub. More>>

Productivity Commission: NZ Regulation Not Keeping Pace

New Zealand regulators often have to work with out-of-date legislation, quality checks are under strain, and regulatory workers need better training and development. More>>

ALSO:

Callaghan Innovation: Investment To Help Deepen Innovation Reporting

Callaghan Innovation, the government’s high tech HQ for Kiwi business, is to help deepen New Zealand media coverage of the commercialisation of innovation through an arms-length partnership with independent business news service BusinessDesk. More>>

ALSO:

Tax Credits, Grants: Greens $1Bn R&D Plan

In the Party’s headline economic announcement, the Greens have launched their plan to build a smarter, more innovative economy which has as its centrepiece an additional $1 billion of government investment in research and development (R&D) above current spend, including tax breaks for business. More>>

ALSO:

Inflation: CPI Increases 0.3 Percent In June Quarter

The consumers price index (CPI) rose 0.3 percent in the June 2014 quarter, Statistics New Zealand said today. This follows rises of 0.3 percent the March quarter and 0.1 percent in the December 2013 quarter. More>>

ALSO:

Half Empty: Dairy Product Prices Drop To Lowest Since December 2012

Dairy product prices fell to the lowest level since December 2012 in the latest GlobalDairyTrade auction, paced by whole milk powder and anhydrous milk fat. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

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