The New Zealand new vehicle market demonstrated continuing strength with 7,904 new cars registered in October, the local trade group said on Monday.
Sales were up 11.7% on September and 1.5% year on year, and the largest number of new cars were sold in a month since June 1989.
New commercial vehicle sales, at 2,151, were marginally ahead of September, but a huge 33.9% up over October last year.
“New vehicle sales continue to forge ahead,” said Motor Industry Association CEO Perry Kerr, “and 2007 is on target to produce over 100,000 new vehicle registrations for only the second time since the late 1980s.”
Toyota (16,440 vehicles to date) continued to stretch its lead over Ford (11,320) and GM’s Holden (9,944) as New Zealand’s most popular vehicle brand.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataHolden’s Commodore remained the country’s most popular car model year to date (5,376 vs 4,081), despite being outsold by over 200 units in October by the second-placed Toyota Corolla (777 to 573).