New car sales strongest in three decades

HAMISH MCNICOL
Last updated 05:00 05/08/2014

Relevant offers

Money

Insurance and Saving complaints rise Retirement need not be a full-stop Take advice on KiwiSaver Bank coaches families out of debt Bank eyes new tool on mortgages Are you giving up on home ownership? Ponzi schemer David Hobbs forced to sell home How to speak money Face Value: Mayor on the money Don't let too much stuff tie you down

An 18-month stretch of racing new car sales continued in July, with the number of vehicles sold during the month the highest for 29 years.

A total of 10,313 new passenger and commercial vehicles were sold last month, the highest number since 1985.

Commercial vehicle sales of 3242 units were the highest so far for the month of July, Motor Industry Association statistics show.

Chief executive David Crawford said the sales reflected continued strong demand for new vehicles. "July new motor vehicle sales are the strongest in 29 years, continuing the strong trend of the last 18 months."

Commercial vehicle sales were 23 per cent higher than the same month last year, and were 21.5 per cent ahead for the year to date.

The Ford Ranger was the top selling commercial model for July, with 537 units sold.

The Toyota Hilux was the second best seller for the month, but for the year overall has sold the most.

"Registrations of 3242 new commercial vehicles for the month of July reflects continued strong demand, being the strongest July sales since the MIA began collecting records for commercial vehicles in 1981," Crawford said.

Passenger vehicle sales during July were up 4.5 per cent on the same month last year, but for the year overall are 10 per cent higher.

A total of 7071 new passenger vehicles were sold during the month.

The Toyota Corolla was the top selling passenger model with a 6 per cent market share, followed by the Holden Commodore and the Honda Jazz.

Ad Feedback

- The Dominion Post

Comments

Special offers

Featured Promotions

Sponsored Content