The New Zealand new vehicle market demonstrated continuing strength with 7,904 new cars registered in October, the local trade group said on Monday.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
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.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
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).
