New vehicle sales in New Zealand for full year 2007 reached 102,468 (77,454 cars and 25,014 commercial vehicles), 980 units or 1.0% behind the 16-year record set in 2005. Sales grew 2.5% over 2006.
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Motor Industry Association CEO Perry Kerr said: “Despite indications of the economy reaching a plateau, new vehicle sales in 2007 actually regained ground to the point where they virtually matched 2005, the peak year since the industry recovered from the used import-induced doldrums of the mid-90s.”
Toyota finished the year with a flourish (with over a quarter of the total market in December) to take a commanding lead for 2007 in passenger cars, commercials and total vehicles. Ford finished in second place with GM’s Holden taking the bronze for passenger cars and total vehicles (though beaten by Nissan in commercials).
Nonetheless Holden’s Commodore was NZ’s top selling car in spite of a surging finish from Toyota’s Corolla, with Ford Australia’s Falcon third.
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