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

 

Housing: Affordability Drops 14%, Driven By Auckland Prices

Housing affordability across New Zealand fell 14 percent in the year ending November 2014, with Auckland’s lack of affordability set to reach levels it hit during the height of the global financial crisis, according to the latest Massey University Home Affordability Report More>>

ALSO:

The Dry: Fonterra Drops Forecast Milk Volumes By 3.3 Percent

Fonterra Cooperative Group, the worlds largest dairy exporter, reduced its milk volume forecast for the 2014-2015 season by 3.3 per cent due to the impact of dry weather on production in recent weeks. More>>

ALSO:

Strike: Lyttelton Port Workers Vote To Escalate Dispute

Members of the Rail and Maritime Transport Union (RMTU) at Lyttelton Port today voted to escalate their industrial action. Around 200 RMTU members have been operating an overtime ban since 17 December and today they endorsed a series of full withdrawals of labour at the port. More>>

ALSO:

Scoop Business: NZ Dollar Falls To 3-Year Low As Investors Favour Greenback

The New Zealand dollar fell to its lowest in more than three years as investors sold euro and bought US dollars, weakening other currencies against the greenback. More>>

ALSO:

Scoop Business: NZ Govt Operating Deficit Smaller Than Expected

The New Zealand’s government’s operating deficit was smaller than expected in the first five months of the financial year as a clampdown on expenditure managed to offset a shortfall in the tax-take from last month’s forecast. More>>

ALSO:

0.8 Percent Annually:
NZ Inflation Falls Below RBNZ's Target

New Zealand's annual pace of inflation slowed to below the Reserve Bank's target band in the final three months of the year, giving governor Graeme Wheeler more room to keep the benchmark interest rate lower for longer.More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

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