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

 

Gordon Campbell: On Tiwai Point (And Saying “No” In Greece)

Its hard to see how Rio Tinto’s one month delay in announcing its intentions about the Tiwai Point aluminium smelter is a good sign for (a) the jobs of the workers affected or (b) for the New Zealand taxpayer. More>>

ALSO:


Half Empty: Dairy Product Prices Extend Slide To Six-Year Low

Dairy product prices continued their slide, paced by whole milk power, in the latest GlobalDairyTrade auction, weakening to the lowest level in six years. More>>

ALSO:

Copper Broadband: Regulator Set To Keep Chorus Pricing Largely Unchanged

The Commerce Commission looks likely to settle on a price close to its original decision on what telecommunications network operator Chorus can charge its customers, though it probably won’t backdate any update. More>>

ALSO:

Lower Levy For Safer Cars: ACC Backtracks On Safety Assessments

Dog and Lemon: “The ACC has based the entire levy system on a set of badly flawed data from Monash University. This Monash data is riddled with errors and false assumptions; that’s the real reason for the multiple mistakes in setting ACC levies.” More>>

ALSO:

Fast Track: TPP Negotiations Set To Accelerate, Groser Says

Negotiations for the Trans-Pacific Partnership will accelerate in July, with New Zealand officials working to stitch up a deal by the month's end, according to Trade Minister Tim Groser. More>>

ALSO:

Floods: Initial Assessment Of Economic Impact

Authorities around the region have compiled an initial impact assessment for the Ministry of Civil Defence, putting the estimated cost of flood recovery at around $120 million... this early estimate includes social, built, and economic costs to business, but doesn’t include costs to the rural sector. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news