New Zealand new vehicle sales in January continued at the healthy pace experienced throughout 2004.
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Although new car sales were marginally down on January 2004, combined new car and commercial vehicle sales reached 7,295 units, a 0.8% improvement on the same month a year ago.
“We’re continuing to enjoy the buoyant market which is a flow-on from the favourable economic conditions combined with the improved value represented by new vehicles,” said Motor Industry Association CEO Perry Kerr. “Never before have new vehicles been priced lower in real terms, and depreciation is now at much more manageable levels than it was in the nineties. We’re looking forward to another good year.”
Toyota (815 units), Ford (785) and GM’s Holden (735) started the year with a tight battle for top spot, with just 31 vehicles separating them in the total vehicle market. Honda was the big mover, leaping into a clear fourth place with 657 sales.
Holden’s Commodore got away to a big lead in the individual model stakes with nearly double the sales (581) of the second-placed Ford Falcon (307).
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