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

 


Best Month Ever for Sales of Commercial Vehicles

Best Month Ever for Sales of Light and Heavy Commercial Vehicles

David Crawford, Chief Executive Officer of the Motor Industry Association says “The strong New Zealand dollar, competitive pricing and New Zealanders confidence that the economy is heading in the right direction have all combined to help drive sales of new vehicles skywards as records continue to fall.”

“June sales of 12,519 new passenger and commercial vehicles is up 17% on June 2013 and 14% YTD on this time last year. Registrations of 4,002 new commercial vehicles for the month of June were phenomenal, not only being the strongest June sales since the MIA began collecting records for commercial vehicles in 1981, but the strongest month of any monthly commercial sales”.

There were 8,517 passenger vehicles sold during June, up 975 units (13%) on June 2013.

Year to date registrations of passenger vehicles is 4,550 units (11%) ahead of 2013.

Commercial vehicle registrations of 4,002 units were up 821 units (26%) on June 2013.

Year to date registrations of commercial vehicles is 3,134 units (21%) ahead of June 2013, reflecting a continued strong market for commercial vehicles.

Toyota was the overall market leader for the month of June with 20% market share (2,555 units) with Ford second on 11% (1,361 units) and Holden a close third also with 11% (1,344 units).

Toyota was the passenger car market leader for the month of June with 17% share (1,448 units), with Holden second on 11% (960 units) and Hyundai a close third also with 11% (940 units). Toyota was also the commercial vehicle market leader with 28% share (1,107 units) followed by Ford at 16% (647 units) and Holden third at 10% (384 units).

The Toyota RAV4 was the top selling passenger model with 4% market share (371 units), followed by the Toyota Corolla also on 4% (333 units) and the Toyota Highlander at 4% (308 units).

The Toyota Hilux was the top selling commercial model for June with 847 units sold (21% market share). The Ford Ranger was the second best seller with 14% market share (574 units). This was followed by the Holden Colorado at 9% (359 units). Year to date the Toyota Hilux has regained the lead as the top selling commercial model with 16% market share (2,915 units) followed by the Ford Ranger, with 15% market share (2,757 units).

The sale of sports utility vehicles grew to 32% of all vehicles sales in June, followed by pick-ups/chassis-cabs with 22% and small passenger cars at 15%.

“As a reflection of the strong demand for light commercial vehicles, the two top selling models for the month of June were light commercials” said Mr Crawford.

ENDS.

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

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:

Scoop Business: Productivity Commission To Look At Housing Land Supply

The Productivity Commission is to expand on its housing affordability report with an investigation into improving land supply and development capacity, particularly in areas with strong population growth. More>>

ALSO:

Forestry: Man Charged After 2013 Death

Levin Police have arrested and charged a man with manslaughter in relation to the death of Lincoln Kidd who was killed during a tree felling operation on 19 December 2013. More>>

ALSO:

Smells Like Justice: Dairy Company Fined Over Odour

Dairy company fined over odour Dairy supply company Open Country Dairy Limited has been convicted and fined more than $35,000 for discharging objectionable odour from its Waharoa factory at the time of last year’s ”spring flush” when milk supply was high. More>>

Scoop Business: Dairy Product Prices Decline To Lowest Since July 2012

Dairy product prices dropped to the lowest level since July 2012 in the latest GlobalDairyTrade auction, led by a slump in rennet casein and butter milk powder. More>>

ALSO:

SOE Results: TVNZ Lifts Annual Profit 25% On Flat Ad Revenue, Quits Igloo

Television New Zealand, the state-owned broadcaster, lifted annual profit 25 percent, ahead of forecast and despite a dip in advertising revenue, while quitting its stake in the pay-TV Igloo joint venture with Sky Network Television. 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