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

 


New Vehicle Market Steady On Strong Growth

Media Release

3 June 2014

New Vehicle Market Steady On Strong Growth

David Crawford, Chief Executive Officer of the Motor Industry Association says “May sales of 10,064 new passenger and commercial vehicles reflects the current strong economic conditions as sales records continue to fall. There were 3,262 registrations of new commercial vehicles for the month of May, the strongest May sales since the MIA began collecting records for commercial vehicles”.

There were 6,802 passenger vehicles sold during May, up 455 units on May 2013. Year to date registrations of passenger vehicles is 11% (3,574 units) ahead of 2013.

Commercial vehicle registrations of 3,262 units were up 685 units (11%) on May 2013. “Year to date registrations of commercial vehicles is a whopping 20% (2,313 units) ahead of May 2013, reflecting a continued strong market for commercial vehicles”, says Mr Crawford.

Toyota was the overall market leader for the month of May with 19% market share (1,931 units) with Ford second on 11% (1,118 units) and Holden third also with 11% (1,090 units).

Toyota was the passenger car market leader for the month of May with 15% share (996 units), with Holden second on 12% (798 units) and Ford third with 8% (562 units). Toyota was also the commercial vehicle market leader with 29% share (935 units) followed by Ford at 17% (556 units) and Holden third at 9% (292 units).

The Suzuki Swift was the top selling passenger model with 4% market share (272 units), followed by the Toyota Corolla also on 4% (241 units) and the Mazda CX-5 at 3% (230 units).

The Toyota Hilux was the top selling commercial model for May with 566 units sold (17% market share). The Ford Ranger was the second best seller with 15% market share (503 units). This was followed by the Toyota Hiace at 11% (348 units). Year to date the Ford Ranger remains the top selling commercial model with 16% market share (2,183 units) followed by the Toyota Hilux, with 15% market share (2,069 units).

The sale of sports utility vehicles grew to 30% of all vehicles sales in May, followed by pick-ups/chassis-cabs with 22% and small passenger cars at 16% each.


ENDS.

Attachments

Sheet 1: Detailed figures for top 15 distributors, full year 2013, month of May 2014 and year to date 2014, total vehicles, new cars and new commercials.

Sheet 2: Detailed figures for top 15 selling models - passenger cars and commercials- full year 2013, May 2014 and year to date 2014.

Sheet 3: MIA segmentation full year 2013, May 2014 and year to date 2014.

May_2014_Sales_Table.xls
Registration_data_1975_onwards.xls

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

ICT Innovation: Six NZ Finalists In World Summit Awards

The awards are a global showcase of 40 projects, across eight categories, with a special emphasis on those which show the benefits of information and communication technology for the development of communities. New Zealand has finalists in six of the eight categories. More>>

ALSO:

Final Frontier: Rocket Lab And NASA Sign Commercial Space Launch Agreement

Rocket Lab has signed a Commercial Space Launch Act Agreement with the National Aeronautics and Space Administration (NASA). The agreement enables Rocket Lab to use NASA resources - including personnel, facilities and equipment - for launch and reentry efforts. More>>

ALSO:

Scoop Business: Wheeler Downplays Scope For ‘Large’ Rates Fall

Reserve Bank governor Graeme Wheeler says some market commentators are predicting further declines in interest rates that would only make sense for an economy in recession, although some easing is likely to be needed to maintain New Zealand’s economic growth. More>>

ALSO:

Ruataniwha Dam: Consent Conditions Could Mean Reduced Intensity

Legal advice sought by the Hawke’s Bay Regional Council on the Ruataniwha Dam consent conditions has confirmed that farmers who sign up to take water from the dam could be required to reduce the intensity of their farming operation to meet the catchment’s strict nitrogen limit. More>>

Health And Safety: Bill Now Sees Rules Relaxed For Small Businesses

Health and safety law reform sparked by the Pike River coalmine disaster has been reported back from the industrial relations select committee with weakened requirements on small businesses to appoint health and safety representatives and committees. More>>

ALSO:

Bearing Fruit: Annual Fruit Exports Hit $2 Billion For First Time

The value of fruit exported rose 20 percent (up $330 million) for the June 2015 year when compared with the year ended June 2014. Both higher prices and a greater quantity of exports (up 9.0 percent) contributed to the overall rise. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news