NEW ZEALAND: New vehicles sales set for record high
Importers of new commercial vehicles into New Zealand are enjoying a record sales year with with just one month of 2014 to go, according to the local Motor Industry Association which represents new vehicle importers.
"More new commercial vehicles have been sold year to date than for any previous year. The previous highest year for new commercial registrations was 2013 with 30,881 units sold. In 2014 year to date, 33,920 new commercial units have sold, which is 19.2% (5,464 units) ahead of this time in 2013," said MIA CEO David Crawford.
"Another record to tumble is November total new vehicles registrations which were 11,176 units, up 788 units (8%) on November last year. The previous best November on record was 2013 when 10,388 units sold. Year to date, there have been 117,758 new vehicles sold, which is an increase of 13,237 units (13%) on this time last year” Crawford added.
Passenger vehicles registrations of 8,063 units in November were up 610 units (8.2%) on November 2013, for the best result for that month since 1984. Commercial vehicle registrations of 3,113 were up 178 units (6.1%) year on year - the best result for the month since the MIA started keeping records in 1981.
Toyota was the overall market leader in November with 22% market share (2,431 units) followed by Ford (12%; 1,324 units) and General Motors' Holden (12%; 1,322).
The Toyota Corolla was the top selling new vehicle model in November with 605 new registrations, followed by the Ford Ranger (566) and Toyota Hilux (560).
Toyota remained passenger car market leader last month with a 21% share (1,708 units), followed by Holden (12%; 987) and Ford (9%; 695).
Toyota was also commercial vehicle leader with 23% (723 units) followed by Ford (20%; 629) and Holden (11%; 335 units).
The Corolla was again the top selling passenger model with 8% market share (605 units) and the Ranger the top selling commercial (18%; 566 units).
Sports utility vehicles was the strongest selling segment last month with a 28% share of total sales (29% YTD), followed by pick-ups/chassis-cabs (20%) and small passenger cars (18%).
"The MIA expects total new vehicle registrations to top 125,000 units for 2014, with the previous best year being 1984 when 123,247 new vehicles were sold," said Crawford.