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

 

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