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April 5, 2019

New Zealand March sales soften

New Zealand's March 2019 new vehicle registration figures were down 5.4% year on year to 13,271 units.

By Olly Wehring

New Zealand's March 2019 new vehicle registration figures were down 5.4% year on year to 13,271 units.

Year to date, the Antipodean market was down 3.7% to 38,855, "indicating a softening market", according to the local Motor Industry Association (MIA).

The total registrations of passenger cars and SUVs for March 2019 were down 6.9% while commercial vehicles were also down, by 2.7%. 

Toyota remained the overall market leader with 13% market share followed by Ford (10%) and Mitsubishi (9%).

Toyota was also the market leader for passenger and SUV registrations with 11% market share followed by Mazda (10%) and Honda (8%).

Top selling passenger and SUV models for the month were the Kia Sportage (379) Mazda CX-5 (310) and Toyota Corolla (301).  

In the commercial sector, Ford retained market lead (20%) followed by Toyota (15%) and Mitsubishi (12%).

The Ford Ranger remained best selling commercial model with 18% share followed by the Mitsubishi Triton (12%) and Toyota Hilux (12%). 

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