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

 

Holden Leads New Vehicle Market

Tuesday, May 14, 2002

Holden continues to set records as it leads the new vehicle sales race from Toyota, Ford, Nissan, Mitsubishi and Honda.

An analysis of recently released Land Transport Safety Authority figures shows Holden sold 1,196 vehicles in April for a 19.2 per cent share of the total market - up 444 units or 59 per cent on the same month last year.

Year to date, the company has sold 4,479 vehicles overall - up 1,147 units on the same four-month period last year, while its market share has risen from 15.6 to 17.9 per cent.

Holden also led - for the fourth month in a row - the new passenger car market in April, the 806 units sold accounting for 20 per cent of the market. The brand’s 3,246 sales for the four-month period are more than 18 per cent up on the volume achieved during the January to April period in 2001.

Long-time Kiwi favourite and New Zealand’s best-selling carline - the all-conquering Commodore, again conclusively outperformed all other models in April. Year to date, the carline commands 44.1 per cent of the large car segment compared to its nearest rival’s 25 per cent, amassed 1,985 sales - a dominant 863 units sales lead over the country’s second most popular car, and stretched its unbroken spell of marker leadership to 20 months.

And Holden Special Vehicles - arguably New Zealand’s best known and most popular performance car brand for over 12 years, maintains its stranglehold in that part of the market. Sales of the more ‘muscular’ versions of the Commodore number 140 for the January to April period - up 17.6 per cent on last year.

The much acclaimed and design award winning Holden Monaro coupe - on debut in New Zealand showrooms in April - notched up 67 sales to quickly take the lead in the country’s sports car market segment.

--- 2 ---


The company’s four-cylinder passenger car market entries - the European designed and built Barina, Astra and Vectra, are also playing their part in Holden’s market leading performance, nowadays contributing more than a third of the brand’s total car volume. Year to date April, Vectra sales are up 23.6 per cent, the Astra’s up 24.9%, while volume of the smallest Holden of them all - the Barina, is up 150 per cent.

In April, Holden’s light commercial vehicle product offering - led by the two and four-wheel drive one-tonne Rodeo and including the Ute and Combo ‘around-town’ van, showed a volume improvement of 102 per cent over the same month in 2001. Year to date 2002, volume is up 474 units or 106 per cent when compared with the same period last year. Much of that sales success and growth can be attributed to the popularity of the Holden Ute - outselling its rival two to one - and the first full month of sales of the new 3.0 litre intercooled turbo-diesel Rodeo.

April also proved to be another successful month for Holden’s heavy commercial vehicle ‘arm’ - Isuzu trucks. Whereas in the first four months of last year the nameplate recorded 126 sales, this year that has risen to 223 units - up some 76 per cent. Market share stands at 26.7 per cent for the year, while the brand has now led the country’s truck market for nine months straight.

--- ENDS ---

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Tiwai Point: Rio Tinto Announces Plans To Close Tiwai Point Smelter

Rio Tinto has just announced that it will wind down New Zealand Aluminium Smelters - the Tiwai Point smelter - saying the business is no longer viable. More>>

ALSO:

Freight: New Report On Auckland Port Relocation

The Government has released a major new report on the options for relocating the Port of Auckland’s freight operations while deferring any decision on the issue. More>>

ALSO:

Chartered Accountants: COVID-19 Fails To Knock Kiwi Investor Confidence, But More Disclosure Wanted

Three months of COVID-19 lockdown and investment turmoil has done little to knock confidence in New Zealand capital markets and listed companies with overall investor sentiment very similar to 2019, an investor survey held in mid June shows. However, ... More>>

ALSO:

Taxation: Black-Market Tobacco Sidesteps $287 Million In Excise Tax

Year-on-year increases in consumption of illicit tobacco in New Zealand have seen illegal trade swell to 11.5% of the total market. If consumed legally, illicit products would have netted the Government $287 million in excise tax during 2019. Independent ... More>>

ALSO:

Energy Sector: Meridian Spilled Water To Hike Electricity Prices - Authority Ruling

The Electricity Authority has found that generator Meridian Energy manipulated the power market, costing consumers about $80 million. More>>

ALSO:

XE Data Update: RBNZ Official Cash Rate Decision

The RBNZ will keep the Official Cash Rate (OCR) at 0.25%. T he key points in the RBNZ statement are: RBNZ keeps the OCR unchanged at 0.25% Maintain the LSAP (large scale asset purchase) at NZD$60 billion. Committee prepared to use additional monetary ... More>>

ALSO:

Electricity: Kiwis Ignore Promise Of Cheaper Power

Electric Kiwi and Flick Electric Co are joint winners of Canstar Blue’s award for Most Satisfied Customers | Electricity Providers From putting on an extra layer – rather than turning on a heater – to turning off lights and choosing the energy-saving ... More>>

ALSO:

Electricity: Transmission Pricing For A Low Carbon Future

The Electricity Authority has decided on new guidelines for transmission pricing. James Stevenson-Wallace, Chief Executive of the Electricity Authority says the new guidelines will deliver significant benefits to consumers, through lower electricity ... More>>

ALSO:

RNZ: Economic Activity And Business Confidence Bouncing Back

Two surveys from ANZ show business confidence and economic activity have rebounded, but uncertainty about the future remains extreme. More>>

ALSO:

NIWA: The Climate Record That Keeps Getting Broken

Among the multitude of New Zealand climate statistics there is one record that continues to be broken month after month. Since January 2017 there has not been one month that recorded a below average nationwide temperature, according to NIWA’s seven station ... More>>

ALSO:

Govt: Extended Loan Scheme Keeps Business Afloat

Small businesses are getting greater certainty about access to finance with an extension to the interest-free cashflow loan scheme to the end of the year. The Small Business Cashflow Loan Scheme has already been extended once, to 24 July. Revenue and Small ... More>>

ALSO:

Science: 2019 Prime Minister’s Science Prizes Announced

The 2019 Prime Minister’s Science Prizes have been announced in a digital livestream event today. The Prizes recognise the impact of science on New Zealanders’ lives, celebrate the achievements of current scientists and encourage scientists of the ... More>>

ALSO:


RNZ: Fuel, Alcohol Costs To Go Up From Today

The increase today in the taxes on fuel, road user charges and alcohol is being called a tone-deaf move. More>>

ALSO:

Stardome Observatory: Young Kiwi Astro-Photographer Shoots For The Stars

Matariki by Josh Kirkley. The stars are aligning for up-and-coming Auckland-based astro-photographer Josh Kirkley (Kāi Tahu). During lockdown, one of his images was picked up by NASA and shared on the space agency’s Instagram to its 59.2 million ... More>>


DCANZ: Time For EU To Commit To A Level Playing Field For Trade

The Dairy Companies Association of New Zealand (DCANZ) has welcomed New Zealand Trade Minister David Parker’s statement that it is unacceptable for New Zealand exporters to continue facing an ‘unlevel playing field’ in the EU. Details leaked ... More>>

ALSO:

New Zealand Government: Supporting Kiwi Businesses To Resolve Rent Disputes

The Government will legislate to ensure businesses that suffered as a result of the COVID-19 response will get help to resolve disputes over commercial rent issues, Justice Minister Andrew Little announced today. More>>

ALSO: