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

 

Scoop Business: NZ Dollar Catches Breath After "Goldilocks" Slump

The New Zealand dollar edged up following its dramatic slump yesterday after the Reserve Bank confirmed speculation it intervened in the currency market last month and PM John Key suggested a “Goldilocks” level far lower than at present. More>>

ALSO:

Biosecurity: Kiwifruit Claim To Hold Officials Accountable For Psa

Kiwifruit growers have joined forces to hold Biosecurity NZ accountable in the courts for its negligence in allowing 2010’s Psa outbreak that devastated New Zealand’s kiwifruit industry and exports. Foundation claimants representing well ... More>>

ALSO:

Poison: Anglers Advised Not To Eat Trout In 1080 Areas

With the fishing season opening in just a few days (1 October 2014), anglers are being warned by the Department of Conservation(DOC) not to eat trout from pristine backcountry waters and their downstream catchments, where the department is conducting 1080 poisoning operations. More>>.

ALSO:

Quotas: MPI Swoop On Suspected Fraudulent Fishing Activity

Ministry for Primary Industries (MPI) compliance officers swooped on a Hawkes Bay fishing enterprise today to secure evidence in an investigation into suspected fraudulent activity... “The investigation involves activity throughout the commercial supply chain – catching, landing, processing and exporting.” More>>

ALSO:

Scoop Business: Fonterra Slashes 2015 Milk Payout, Earnings Tumble 76%

Fonterra Cooperative Group cut its forecast 2015 milk price payout by about 12 percent, citing weaker global dairy prices and said there is a risk of further declines given strong global milk production. More>>

ALSO:

Scoop Business: RBNZ Keeps OCR At 3.5%, Signals Slower Pace Of Future Hikes

Reserve Bank governor Graeme Wheeler kept the official cash rate at 3.5 percent and signalled he won’t be as aggressive with future rate hikes as previously thought as inflation remains tamer than expected. The kiwi dollar fell to a seven-month low. More>>

ALSO:

Weather: Dry Spells Take Hold In South Island

Many areas in the South Island are tracking towards record dry spells as relatively warm, dry weather that began in mid-August continues... for some South Island places, the current period of fine weather is quite rare. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand

Mosh Social Media
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news