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

 


Vehicle sales improved in all sectors in 2013

Media Release 9 January 2014

Vehicle sales improved in all sectors in 2013

2013 proved to be a very strong and successful year across the whole vehicle sales sector. Sales records were set in some segments, while others recorded their best performance in many years.

Motor Trade Association (MTA) spokesperson Ian Stronach says the whole market has been improving in general in recent years, but 2013 proved to be exceptional with improvements in every sector MTA monitored.

“The performance of the industry set the pace for overall economic recovery, and this seems to be a pattern being repeated in overseas economies; vehicle sales have picked up ahead of improvements in other areas,” Stronach says.

Used import passenger vehicles had another strong year, outselling new passenger vehicles by more than 16,500 units. December sales of 9,534 used import passenger vehicles were 2,415 units (34 percent) ahead of the same month in 2012. During the year, 98,971 units were sold – 20,660 units (26 percent) more than in 2012 – making it the strongest year for used import passenger vehicle sales since 2007.

Toyota was the most popular used passenger vehicle brand in 2013, followed by Nissan and Mazda.

The Mazda Demio was the most popular individual used passenger vehicle model, heading off Nissan’s Tiida and Suzuki’s Swift.

Sales of 6,371 new passenger vehicles in December were up 269 units (15 percent) compared to December 2012. For the full year, sales of 82,433 units were 5,562 units (7 percent) ahead of 2012, making it the best year for new passenger vehicle sales since 1984.

Toyota was also last year’s most popular new passenger vehicle brand, followed by Holden and Hyundai. Predictably, the Corolla was again the most popular individual passenger vehicle model and New Zealand’s best selling model overall, heading off the Suzuki Swift and the Holden Commodore.

Sales of new commercial vehicles, which had performed strongly all year, were also up in December.

The 2,405 units sold were 756 units (46 percent) ahead of December 2012. Full year sales of 30,861 units were 6,937 units (29 percent) ahead of 2012, making 2013 the best year for new commercial vehicle sales on record.

During 2013, Toyota was the most popular new commercial vehicle brand as well, followed by Ford and Nissan. In a closely-contested race, the Toyota Hilux was the most popular new commercial vehicle, ahead of Ford’s Ranger and the Nissan Navara.

Used import commercial vehicles also enjoyed a better year, although sales were well short of those for new commercials. December sales of 562 units were 234 units (71 percent) more than the same month in 2012. During the year, 6,094 units were sold, 2,578 units (73 percent) more than in 2012, making 2013 the strongest year for used import passenger vehicle sales since 2008.

On-road motorcycles rounded out a successful year for the wider vehicle sales sector. December sales of 696 units were 193 units (38 percent) more than December 2012. During the year, 7,024 units were sold, 1,259 units (22 percent) more than in 2012 – making 2013 the strongest year for on-road motorcycle sales since 2008. Sales of smaller motorcycles and scooters (less than 60cc) were up 28 percent for the year, with motorcycles larger than 60cc up by 19 percent.


For the year overall, Suzuki led the market for on-road motorcycle sales, followed by Honda and Harley Davidson.

“After such a stellar year, it is hard to see the market sustaining the same level of growth throughout 2014; however, with predictions of solid growth in the economy as a whole, there’s nothing to suggest it won’t still be a good year for the industry,” says Stronach.

ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Houses (& Tobacco) Lead Inflation: CPI Up 0.3% In March Quarter

The consumers price index (CPI) rose 0.3 percent in the March 2014 quarter, Statistics New Zealand said today. Higher tobacco and housing prices were partly countered by seasonally cheaper international air fares, vegetables, and package holidays. More>>

ALSO:

Notoriously Reliable Predictions: Budget To Show Rise In Full-Time Income To 2018: English

This year’s Budget will forecast wage increases through to 2018 amounting to a $10,500 a year increase in average full time earnings over six years to $62,200 a year, says Finance Minister Bill English in a speech urging voters not to “put all of this at risk” by changing the government. More>>

ALSO:

Prices Up, Volume Down: March NZ House Sales Drop 10% As Loan Curbs Bite

New Zealand house sales dropped 10 percent in March from a year earlier as the Reserve Bank’s restrictions on low-equity mortgages continue to weigh on sales of cheaper property. More>>

ALSO:

Scoop Business: Chorus To Appeal Copper Pricing Judgment

Chorus will appeal a High Court ruling upholding the Commerce Commission’s determination setting the regulated prices on the telecommunications network operator’s copper lines. More>>

ALSO:

Earlier:

Cars: Precautionary Recalls Announced For Toyota Vehicles

Toyota advises that a number of its New Zealand vehicles are affected by a series of precautionary global recalls. Toyota New Zealand General Manager Customer Services Spencer Morris stressed that the recalls are precautionary. More>>

ALSO:

'Gardening Club': Air Freight Cartel Nets Almost $12 Million In Penalties

The High Court in Auckland has today ordered Swiss company Kuehne + Nagel International AG to pay a penalty of $3.1 million plus costs for breaches of the Commerce Act. Kuehne + Nagel’s penalty brings the total penalties ordered in this case to $11.95 million ... More>>

ALSO:

Crown Accounts: Revenue Below Projections

Core Crown tax revenue has increased by $1.9 billion (or 5.0%) compared to the same time last year. However this was $1.1 billion less than expected and is reflected across most tax types, continuing the pattern of recent months. More>>

ALSO:

Efficiency: Businesses And Households To Save From New Energy Plans

Minister of Energy and Resources Simon Bridges today announced three energy efficiency initiatives to improve business productivity, save money and reduce carbon emissions. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news