October 10, 2013

Vehicle sales blaze ahead as times improve in Godzone

It's all happening on the country's car yards, reports the Motor Trades Association (MTA). 

• New passenger vehicle sales, year to date, are having the biggest year since 1986 (2013: 60,647 units, 1986: 61,536 units). 

New commercial sales are having the strongest year to date since 1982 (2013: 22,787, 1982: 24,555).

Used imported passenger vehicle sales (YTD) are the strongest they have been since 2008 (2013: 71,532 units, 2008: 71,981 units).

• Used imported commercial vehicle sales (YTD) are also the strongest they’ve been since 2008 (2013: 4283 units, 2008: 8860 units).

“Whichever sector you look at, something is happening," says the MTA's Hamish Stuart. "There are so many imported vehicles moving off dealers’ lots onto the roads, suggesting New Zealanders are adjusting to the economic conditions – a lot of people have obviously decided it’s a good time to make a big financial commitment.”

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