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

 


Strongest New Vehicles Since 1985

Strongest New Vehicles Since 1985

David Crawford, Chief Executive Officer of the Motor Industry Association says “July new motor vehicle sales are the strongest in 29 years, continuing the strong trend of the last 18 months.”

“July sales of 10,313 new passenger and commercial vehicles is up 10% on July 2013 and 13% year to date (8,594 units) on this time last year. Registrations of 3,242 new commercial vehicles for the month of July reflects continued strong demand, being the strongest July sales since the MIA began collecting records for commercial vehicles in 1981” says Mr Crawford.

There were 7,071 new passenger vehicles sold during July, up 303 units (4.5%) on July 2013.

Year to date registrations of passenger vehicles are 4,853 units (10.4%) ahead of 2013.

Commercial vehicle registrations of 3,242 units were up 610 units (23%) on July 2013. Year to date registrations of commercial vehicles are 3,744 units (21.5%) ahead of July 2013,

reflecting a continued strong market for commercial vehicles.

Toyota was the overall market leader for the month of July with 16% market share (1,665 units) with Ford second on 12% (1,210 units) and Holden third with 11% (1,157 units).

Toyota was the passenger car market leader for the month of July with 15% share (1030 units), with Holden second on 11% (805 units) and Ford third also with 9% (602 units).

Toyota was also the commercial vehicle market leader with 20% share (635 units) closely followed by Ford at 19% (608 units) and Holden third at 11% (352 units).

The Toyota Corolla was once again the top selling passenger model with 6% market share (428 units), followed by the Holden Commodore on 4% (304 units) and the Honda Jazz also on 4% (302 units).

The Ford Ranger regained its position as the monthly top selling commercial model for July with 537 units sold (17% market share). The Toyota Hilux was the second best seller with 13% market share (411 units). This was followed by the Nissan Navara at 10% (332 units).

Year to date the Toyota Hilux hangs onto the lead as the top selling commercial model with 16% market share (3,326 units) ever so closely followed by the Ford Ranger, also with 16% market share (3,294 units).

The sale of sports utility vehicles continues to be the strongest selling segment with 28% of all vehicles sales in June, followed by pick-ups/chassis-cabs with 23% and small passenger cars at 16%.

ENDS.

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

RMTU: Mediation Between Lyttelton Port And Union Fails

The Rail and Maritime Union (RMTU) has opted to continue its overtime ban indefinitely after mediation with the Lyttelton Port of Christchurch (LPC) failed to progress collective bargaining. More>>

Earlier:

Science Policy: Callaghan, NSC Funding Knocked In Submissions

Callaghan Innovation, which was last year allocated a budget of $566 million over four years to dish out research and development grants, and the National Science Challenges attracted criticism in submissions on the government’s draft national statement of science investment, with science funding largely seen as too fragmented. More>>

ALSO:

Scoop Business: Spark, Voda And Telstra To Lay New Trans-Tasman Cable

Spark New Zealand and Vodafone, New Zealand’s two dominant telecommunications providers, in partnership with Australian provider Telstra, will spend US$70 million building a trans-Tasman submarine cable to bolster broadband traffic between the neighbouring countries and the rest of the world. More>>

ALSO:

More:

Statistics: Current Account Deficit Widens

New Zealand's annual current account deficit was $6.1 billion (2.6 percent of GDP) for the year ended September 2014. This compares with a deficit of $5.8 billion (2.5 percent of GDP) for the year ended June 2014. More>>

ALSO:

Still In The Red: NZ Govt Shunts Out Surplus To 2016

The New Zealand government has pushed out its targeted return to surplus for a year as falling dairy prices and a low inflation environment has kept a lid on its rising tax take, but is still dangling a possible tax cut in 2017, the next election year and promising to try and achieve the surplus pledge on which it campaigned for election in September. More>>

ALSO:

Job Insecurity: Time For Jobs That Count In The Meat Industry

“Meat Workers face it all”, says Graham Cooke, Meat Workers Union National Secretary. “Seasonal work, dangerous jobs, casual and zero hours contracts, and increasing pressure on workers to join non-union individual agreements. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news