Strong immigration helped to drive record new car sales in New Zealand last month, the Motor Industry Association (MIA) said Tuesday.
New car sales were the highest for an April month since 1982, rising 7 percent year on year to 9,939, MIA chief executive officer David Crawford said in a statement.
Health regional economies in the two biggest cities of Auckland and Christchurch, combined with continued strong net immigration and competitive pricing were factors in new car sales.
"There were 6,789 passenger vehicle registrations and 3,150 commercial vehicle registrations, which were once again the highest month of April on record for commercial vehicle registrations," said Crawford.
"Since January 2012, when comparing growth for the same month a year earlier the passenger sector has seen growth in 50 out of 52 months and for the commercial sector it has been 46 out of 52 months."
Toyota was the overall market leader in April with 15 percent of the market, followed by Ford on 13 percent and Holden on 8 percent.
GMT 14:42 2017 Wednesday ,13 December
South Korea considers cryptocurrency tax as regulators grapple with ‘speculative mania’GMT 21:31 2017 Wednesday ,17 May
Malaysia-New Zealand Trade Expected to Increase 10% by 2020GMT 03:07 2017 Wednesday ,19 April
China and New Zealand agree to expand trade tiesGMT 20:11 2017 Monday ,27 March
China and New Zealand agree to boost already-close trade tiesGMT 20:30 2017 Tuesday ,07 March
New Zealand optimistic on finalising stalled Gulf trade deal this yearMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor