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

 

Fisheries: Report On Underrsize Snapper Catch

The report found that commercial fishers caught 144 tonnes of undersized snapper in the Snapper 1 area – about 3% of the total commercial catch – in the year ending February 2015. The area stretches from the top of the North Island to the Bay of Plenty and is one of New Zealand’s most important fisheries. More>>

ALSO:

Tourism: China Southern Airlines To Fly To Christchurch

China Southern Airlines, in partnership with Christchurch Airport and the South Island tourism industry, has announced today it will begin flying directly between Guangzhou, Mainland China and the South Island. More>>

ALSO:

Dodgy: Truck Shops Come Under Scrutiny

Mobile traders, or truck shops, target poorer communities, particularly in Auckland, with non-compliant contracts, steep prices and often lower-quality goods than can be bought at ordinary shops, a Commerce Commission investigation has found. More>>

ALSO:

Auckland Transport: Government, Council Agree On Funding Approach

The government and Auckland Council have reached a detente over transport funding, establishing a one-year, collaborative timetable for decisions on funding for the city's transport infrastructure growth in the next 30 years after the government refused to fund the $2 billion of short and medium-term plans outlined in Auckland's draft Unitary Plan. More>>

ALSO:

Bullish On China Shock: Slumping Equities, Commodities May Continue, But Not A GFC

The biggest selloff in stock markets in at least four years, slumping commodity prices and a surge in Wall Street's fear gauge don't mean the world economy is heading for another global financial crisis, fund managers say. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news