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


March New Vehicle Sales Savaged Due To Impact Of Covid-19

Motor Industry Association Chief Executive David Crawford says that March 2020 registrations are down 37.3% (4,954 units) compared to the same month last year, with 8,317 new vehicles registered compared to March 2019 with 13,271 registrations.

“The month of March was already slowing due to supply constraints from shut down manufacturing plants around the world and then they ground to a halt when the Covid-19 alert level 4 was implemented. Year to date the market is down 15.6% (6,075units) on the same period in 2019.”

“The prospect for registrations during April remains bleak with the Covid-19 level 4 alert planned to be in place for the majority of the trading month.

Key points

Overall March 2020 registrations of vehicles were down 37.5% (4,954 units) on the same month in 2019.

Registration of 5,416 passenger and SUVs for March 2020 were down 35.7% (3,009 units) on 2019 volumes.

Pure electric vehicles bucked the trend and were slightly up with 144 units sold in February, with PHEV’s down at 58 units and 511 hybrid vehicles continuing their solid sales performance.

Commercial vehicle registrations which have been trending down for five months previously, were down a massive 40.0% (1,945 units) compared to March 2019.

The top models for the month of March were the Ford Ranger (444 units), followed by the Toyota Hilux (435 units) and the Holden Colorado in third place (370 units).

Market leaders in March

For the month of March, Toyota remains the overall market leader with 18% market share (1,515 units), followed by Holden with 10% (835 units) and the Mitsubishi in third spot with 8% market share (694 units).

SUV and passenger vehicle sales in March and for the year

For the month of March, Toyota was the market leader for passenger and SUV registrations with 17% market share (918 units) followed by Holden with 9% (461 units) and then Suzuki with 7% market share (397 units).

The top selling passenger and SUV models for the month were the Toyota RAV4 (318 units) followed by the Toyota Corolla (240 units) and the Nissan Qashqai (173 units).

Commercial vehicle sales

Toyota regained the market lead with 21% market share (597 units) followed by Ford with 18% (508 units) and Holden third with 13% market share (374 units).

The Ford Ranger retained the top spot as the bestselling commercial model with 15% share (444 units) followed by the Toyota Hilux also with 15% share (435 units) and the Holden Colorado in third place with 13% market share (370 units).

Smaller vehicles dominated the market in March

The top three segments for the month of March were once again SUV medium vehicles with 18% share followed by SUV Compact also with 16% market share and the Pick Up/Chassis 4x4 segment with 16%.

© Scoop Media

Business Headlines | Sci-Tech Headlines


National: National Backs Businesses With $10k JobStart

National will provide a $10,000 cash payment to businesses that hire additional staff as part of our commitment to keeping New Zealanders in jobs, National Party Leader Todd Muller and Finance spokesperson Paul Goldsmith have announced. Our JobStart ... More>>


DIY Law: Government Exempts Some Home Improvements From Costly Consents

Homeowners, builders and DIYers will soon have an easier time making basic home improvements as the Government scraps the need for consents for low-risk building work such as sleep-outs, sheds and carports – allowing the construction sector ... More>>


Media Awards: The New Zealand Herald Named Newspaper Of The Year, Website Of The Year At Voyager Media Awards

The New Zealand Herald has been labelled a “powerhouse news operation” as it claims the two biggest prizes – Newspaper of the Year and Website of the Year – along with many individual awards at the 2020 Voyager Media Awards Website of the ... More>>


ASB Bank: ASB Takes The Lead Again With New Low Home Loan Interest Rate

ASB has moved again to support its customers, cutting a number of home loan rates, including the two-year special rate to a new low of 2.69% p.a. Craig Sims, ASB executive general manager Retail Banking says the reduced rate will be welcome news for many ... More>>


Nathan Hoturoa Gray: The Problems With Testing And Case Statistics For Covid-19

To begin to understand disease transmission in a country requires adequate testing of your population with properly vetted, accurate tests. As the world struggles to find what 'adequate percentage' of the population is necessary, (estimates predict ... More>>


RNZ: Fletcher Building To Lay Off 1000 Staff In New Zealand

The construction company will cut around 10 percent of its workforce as it struggles with the fallout from Covid-19. More>>


Can Pay, Won't Pay: Cashflow Moves Urged

Government Ministers are asking significant private enterprises to adopt prompt payment practices in line with the state sector, as a way to improve cashflow for small businesses. More>>


Gordon Campbell: On Why We Should Legally Protect The Right To Work From Home

For understandable reasons, the media messaging around Level Two has been all about “freedom” and “celebration”, but this is not necessarily going to be a universal experience. When it comes to workplace relations, Level Two is just as likely to ... More>>


Auckland Airport: Thousands Of Kiwis Travelling For Queen’s Birthday Weekend

Confidence in domestic travel is beginning to steadily ramp up, with thousands of Kiwis travelling within New Zealand for Queen’s Birthday.
Nearly 400 flights will be operating to and from Auckland Airport over the long weekend... More>>


Science Media Centre: Understanding 5G Concerns – Expert Q&A

Recent attacks on cell phone towers have brought concerns over the rollout of 5G technology into sharp relief.
While scientific research has consistently shown that the technology does not adversely affect human health, public concerns about its impact have spread around the world, fueled in part by growing misinformation online. The SMC asked experts to comment... More>>


Trade: Record Monthly Surplus As Imports Dive

Imports in April 2020 had their biggest fall since October 2009, resulting in a monthly trade surplus of $1.3 billion, Stats NZ said today. “This is the largest monthly trade surplus on record and the annual goods trade deficit is the lowest ... More>>


Media Blues: Stuff Chief Executive Buys Company For $1

Stuff chief executive Sinead Boucher has purchased Stuff from its Australian owners Nine Entertainment for $1.
The chief executive was returning the company to New Zealand ownership, with the sale is expected to be completed by 31 May.
"Our plan is to transition the ownership of Stuff to give staff a direct stake in the business as shareholders," Boucher said in a statement.... More>>


RNZ: Bar Reopening Night 'much, Much Quieter'

Pubs and bars are reporting a sluggish first day back after the lockdown, with the fear of going out, or perhaps the joy of staying home, thought to be a reason for the low numbers. More>>


Stats NZ: New Zealand’s Population Passes 5 Million

New Zealand's resident population provisionally reached 5 million in March 2020, Stats NZ said today. More>>

NIWA: Seven Weeks Of Clearing The Air Provides Huge Benefits: Scientist

Seven weeks of lockdown has provided evidence of how pollution can vanish overnight with benefits for the environment and individuals, says NIWA air quality scientist Dr Ian Longley. Dr Longley has been monitoring air quality in Auckland, Wellington ... More>>


Government: Milestone In Cash Flow Support To SMEs

A significant package of tax reforms will be pushed through all stages in Parliament today to throw a cash flow lifeline to small businesses. More>>