NEW ZEALAND: Automakers eye a 100,000 sales year
New vehicle registrations in New Zealand in November continued their strong run towards the end of the year, a local automakers' association said.
According to government registration data sales, last month rose 17% year on year to 8,518 new vehicles.
Passenger car registrations rose 14.9% to 6,484 with commercial vehicles up 24.5% to 2,097 verse 1,684).
Year to date sales were up 19% to 93,044.
"Our goal of breaking the 100,000 unit bracket now looks achievable said Perry Kerr, chief executive officer of the Motor Industry Association.
“Analysing the various segments for November, the SUV market continues to dominate taking 28% (2,416 units) of total new vehicle registrations, followed by the small segment with 20% (1,686 units) with the light commercial utility market accounting for 16% (1,369) of total registrations” he added.
The top three selling passenger cars for November were the Toyota Corolla (462), Holden Captiva (319) and the Toyota Yaris (267). In the commercial segment the Toyota Hilux remained number one spot with 350 units followed by the Nissan Navara (247) and Toyota's Hilux (199).
6 December 2012
Another Strong Month
New vehicle registrations continue their strong run towards the end of the year. Just released NZTA registration data shows for November there were 8,518 new vehicle registrations which was up 17.1% (1,253 units) on the same month last year (7,328 units). Passenger car registrations were up 14.9% (840 units) on November 2011 (6,484 verse 5,644), with commercial vehicles up 24.5% (413 units – 2,097 verse 1,684).
Year to date the new vehicle industry is running 19% (14,880 units) ahead of 2011 (93,044 verse 78,164).
Our goal of breaking the 100,000 unit bracket now looks achievable said Perry Kerr, Chief Executive Officer of the Motor Industry Association. “Analysing the various segments for November the SUV market continues to dominate taking 28% (2,416 units) of total new vehicle registrations, followed by the small segment with 20% (1,686 units) with the light commercial utility market accounting for 16% (1,369) of total registrations” he said.
Toyota retained its clear lead on the market with 1,190 passenger car registrations, followed by Holden with 673 and Hyundai moving into third position with 624 sales. For commercial vehicles Toyota sold 578 vehicles, followed by Nissan with 253 and Ford 231.
The top three selling passenger cars for November were the Toyota Corolla (462), the Holden Captiva (319) and the Toyota Yaris (267). In the commercial segment the Toyota Hilux held onto number one spot with 350 units followed by the Nissan Navara with 247 and the Toyota Hilux 199.
Original source: MIA
Quarterly and other results to the thirty-oneth of March continued to dribble in this week so let's start by hoisting the Union Jack, drum roll, trumpet blast, and highlight Jaguar Land Rover's 11% fu...
Toyota Motor plans a joint venture with a local company in China to produce batteries for the country's growing petrol-electric hybrid car market, a Beijing-based company spokesman said....
Car sales in the US are expected to get back on track in May according to analysts at Edmunds.com, who forecast 1,420,937 new cars and trucks will be sold for an estimated seasonally adjusted annual r...
Indonesia's largest automotive distributor, Astra International, has raised IDR2.8 trillion (US$286m) from the sale of a 15% stake in the country's largest automotive component manufacturing group, PT...
Toyota luxury car brand Lexus plans to expand its Australian line to seven models....
PSA Peugeot Citroen may have to raise funds through a share sale as it burns through cash in a weak market, sources told the Reuters news agency....
Hyundai Motor Group is telling its business units to increase their dealings with other companies to head-off criticism that inter-subsidiary dealings are boosting the wealth of chairman Chung Mong-ko...
- COMMENT: What is normal in Russian maelstrom?
- Regulatory concerns grow in China
- Emerging markets in trouble (1)
- VEHICLE ANALYSIS: SEAT Alhambra 2.0 TDI
- THE WEEK THAT WAS: The August harvest...
- Mercedes 'guilty' of China parts price fixing
- Ford recalls 160,000 cars to fix wiring problem
- Serious concern on Russia auto sanction rumours
- ZF's TRW plans hit a Bosch hitch - report
- Cadillac takes on Merc S Class
- Jaguar Land Rover: Providing remarkable growth throughout the economic downturn
- New Engines Aiming for 60% Thermal Efficiency Japanese Automobile Manufacturers Rising to the Post-HEV Challenge
- Global Database of the Top 1000 Motor Vehicle Producers - Company Names, Financial Performance, Key Executives, and Contact Details
- Tesla: The Californian start-up that made head way on the automotive giants
- Brazilian automobile industry - Right strategy for tough times