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


Strong new and used import vehicle sales in February

Media Release 6 March 2014

Strong new and used import vehicle sales in February

Strong sales across both the New Zealand new and used import vehicle sectors have made February 2014 the best February since 2006. Passenger vehicles, commercial vehicles and even on-road motorcycles all experienced increased demand during the month, compared to the same period last year.
MTA spokesperson Ian Stronach said the total New Zealand new and used imported passenger and commercial vehicle sales of 18,886 units meant this was the best February result since 2006.
“Even though the month was a bit slower than January, as February tends to be, it was nevertheless another very strong result,” he said.

Used import vehicles sales of 9,747 units were 2,465 units (34 percent) ahead of February 2013. For the year to date, used import vehicle sales of 19,844 units were 4,736 units (31 percent) ahead of 2013.

Used import passenger vehicle sales of 9,155 units were 2,233 units (32 percent) ahead of February 2013, making it the best February for used import passenger vehicle sales since 2006.

Used import commercial sales of 592 units were 232 units (64 percent) ahead of the same month last year, making this the best February for used import commercial vehicles since 2008.

There was a change of order in terms of leading used import passenger model, with Suzuki Swift taking top spot with sales of 473 units, just ahead of Nissan Tiida on 472 units and Mazda Demio on 453 units.
“Ongoing economic confidence coupled with an ever-growing pool of used vehicles that qualify for import into New Zealand means the used import market is going from strength to strength. It’s already starting to shade the sales of new vehicles and shows no sign of slackening,” Stronach said.
New passenger vehicle sales of 6,572 units were 773 units (13 percent) ahead of February 2013, while new commercial sales of 2,567 units were 419 units (20 percent) ahead of the same month last year. For the year to date, new vehicle sales are 1,192 units (15 percent) ahead of 2013.

Holden proved to be something of a surprise winner of the race amongst the new passenger car brands, recording sales of 782 units – in front of Toyota with 762 units and Hyundai with 616 units.

In terms of individual passenger vehicle models, Toyota Corolla led the way with sales of 311 units, with Holden Captiva in second spot with 279 units and Suzuki Swift with 233 units.

Toyota’s Hilux proved to be the most popular individual commercial model with sales of 390 units, heading off Ford Ranger on 311 units and Nissan Navara with 272 units.

Motorcycle sales also remained firm in February. On the back of strong sales of over-60cc machines, on-road motorcycle sales of 679 units were 30 units (5 percent) ahead of February 2013. For the year to date, sales are ahead by 208 units (17 percent).
Suzuki again led with overall sales of 119 units, well ahead of Honda, on 75 units, and Harley Davidson, on 45 units.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Postnatal Depression: 'The Thief That Steals Motherhood' - Alison McCulloch

Post-natal depression is a sly and cruel illness, described by one expert as ‘the thief that steals motherhood’, it creeps up on its victims, hiding behind the stress and exhaustion of being a new parent, catching many women unaware and unprepared. More>>


DIY: Kiwi Ingenuity And Masking Tape Saves Chick

Kiwi ingenuity and masking tape has saved a Kiwi chick after its egg was badly damaged endangering the chick's life. The egg was delivered to Kiwi Encounter at Rainbow Springs in Rotorua 14 days ago by a DOC worker with a large hole in its shell and against all odds has just successfully hatched. More>>


Trade: Key To Lead Mission To India; ASEAN FTA Review Announced

Prime Minister John Key will lead a trade delegation to India next week, saying the pursuit of a free trade agreement with the protectionist giant is "the primary reason we're going" but playing down the likelihood of early progress. More>>



MYOB: Digital Signatures Go Live

From today, Inland Revenue will begin accepting “digital signatures”, saving businesses and their accountants a huge amount of administration time and further reducing the need for pen and paper in the workplace. More>>

Oil Searches: Norway's Statoil Quits Reinga Basin

Statoil, the Norwegian state-owned oil company, has given up oil and gas exploration in Northland's Reinga Basin, saying the probably of a find was 'too low'. More>>


Modern Living: Auckland Development Blowouts Reminiscent Of Run Up To GFC

The collapse of property developments in Auckland is "almost groundhog day" to the run-up of the global financial crisis in 2007/2008 as banks refuse to fund projects due to blowouts in construction and labour costs, says John Kensington, the author of KPMG's Financial Institutions Performance Survey. More>>


Health: New Zealand's First ‘No Sugary Drinks’ Logo Unveiled

New Zealand’s first “no sugary drinks logo” has been unveiled at an event in Wellington... It will empower communities around New Zealand to lift their health and wellbeing and send a clear message about the damage caused by too much sugar in our diets. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news