September was – yet again – a record month for vehicle sales, which are showing little sign of abating.
There were 13,884 new vehicle registrations in the month of September, making it the highest month of September on record, and second highest month of any month ever.
September registrations are up 11.3%% on September 2015. Year-to-date the market is 7.6% up on this time in 2015 and heading for another record year.
There were 9704 passenger and SUV vehicle registrations and 4180 commercial vehicle registrations.
Toyota was the overall market leader for the month of September with 17% market share (2422 units) with Holden second on 12% (1636 units) and Ford third with 10% (1454 units).
Toyota remains the passenger car and SUV market leader for the month of September with 17% share (1692 units), with Holden second on 12% (1197 units) and Mazda third with 9% (883 units).
Ford retained the commercial vehicle market with 20% share (835 units) followed by Toyota with 17% (730 units) and Holden third with 11% (439 units). Year-to-date Ford has 21% (7,050 units) of the commercial market with Toyota on 20% (6,783 units).
The SUV segments accounted for 36% of vehicle registrations for the month of September followed by passenger segments with 33% and the light commercial segments with 25% share.
Motor Industry Association chief executive David Crawford says the figures show consumer confidence.
“Record strong immigration, high levels of economic activity in Auckland and elsewhere and record low interest rates are combining to give consumers and business confidence to purchase big ticket items.”
