New Zealand’s Motor Industry Association said new vehicle registrations were beginning to show signs of improvement but remained soft compared to prior years.
October volume of 12,944 units was the strongest month since the 1 July Clean Car Discount rate changes but 12.2% lower than October 2022 (14,736) and 7.7% lower than October 2021 (14,019).
Go deeper with GlobalData
Year to date, 2023 was 9.1% lower than 2022 (12,535) and 8.8% below 2021 (12,062).
The top three overall market leaders in October 2023 were Toyota with 27.4% share, Ford 10.8% and Kia 8.7%.
Light passenger vehicles accounted for 10,054 sales, light commercials 2,194 and heavy commercials 696.
The overall top three segments were SUV Medium (29.5%), SUV Compact (20.1%) and 4×4 Pick Up/Chassis Cab (11.8%).
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 GlobalData
