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

 

Media: Fairfax Moves To Create Modern Newsroom

Fairfax Media New Zealand continues its newsroom transformation this week, with a proposal to further organise its editorial operations into focused, local teams and specialist national topic areas. More>>

ALSO:

Dairy: Fonterra Forecast For 2015/16 Season

Fonterra Co-operative Group Limited has today reduced its forecast Farmgate Milk Price for the 2014/15 season to $4.40 per kgMS. Along with its previously announced forecast dividend range of 20-30 cents per share, the change amounts to a forecast ... More>>

ALSO:

BusinessDesk: SkyCity Lifts Minimum Convention Centre Investment To $430M

SkyCity Entertainment Group, the casino operator, has lifted the minimum it will invest in the Auckland International Convention Centre to $430 million and said total costs including land may be $450 million to $470 million. More>>

Statistics: Drop In Dairy Prices Leads Fall In Exports

Total goods exports fell $240 million (5.5 percent) to $4.2 billion in April 2015 compared with April 2014, Statistics New Zealand said today. More>>

BusinessDesk: APN's NZME Sees Future In Paywalls, Growth In Digital Sales

APN News & Media has touted a single newsroom concept for its NZME unit in New Zealand, similar to what Germany's Die Welt uses, saying an 'integrated sales proposition' is helping it win market share, including ... More>>

Labour Party: Global Milk Prices Now Lowest In 6 Years

The latest fall in the global dairy price has brought it to the lowest level in six years and shows there must be meaningful action in tomorrow’s Budget to diversify the economy, says Labour’s Finance spokesperson Grant Robertson. “Dairy prices ... More>>


BusinessDesk: NZ Inflation Expectations Creep Higher In June Survey

May 19 (BusinessDesk) - New Zealand businesses lifted their expectations for inflation over the next two years, sapping any immediate pressure on the Reserve Bank to cut interest rates, and prompting the kiwi dollar to jump higher. More>>

BusinessDesk: Lower Fuel Costs Drive Down NZ Producer Input, Output Prices

May 19 - Producer input and output prices fell in the first quarter, mainly reflecting lower fuel costs and weakness in prices of meat and dairy products. More>>

Media: Fairfax Media NZ Announces Senior Editorial Team

Fairfax Media New Zealand has today confirmed its new editorial leadership team, as part of a transformation of its newsrooms aimed at enhancing local and national journalism across digital and print. More>>

Science: Flavonoids Reduce Cold And Cough Risk

Flavonoids reduce cold and cough risk Research from the University of Auckland shows eating flavonoids – found in green tea, apples, blueberries, cocoa, red wine and onions – can significantly reduce the risk of catching colds and coughs. The research, ... More>>

BusinessDesk: RBNZ House Alert Speech The Catalyst For Government Action

Prime Minister John Key all but conceded that pressure from the Reserve Bank of New Zealand for concerted action on rampant Auckland house prices was one of the main catalysts for the government's weekend announcements about tightly ... More>>

BusinessDesk: How To Fall Foul Of The New Housing Tax Rules: Tips From IRD

Just because you rented out your investment property doesn't absolve you from paying tax, says the Inland Revenue Department in a summary of commonly made mistakes by non-professional property investors when it comes to their tax liability.More>>

Legal: Superdiversity Law, Policy And Business Stocktake Announced

Mai Chen, Managing Partner at Chen Palmer New Zealand Public and Employment Law Specialists and Adjunct Professor of Law at the University of Auckland, today announced the establishment ... More>>

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news