At the halfway point of the year, new vehicle sales have topped the 50,000 mark – and the Motor Industry Association (MIA) believes we are again heading for a 100,000+ year in new vehicle sales.
Commercial registrations have been the standout story of the year – up over a quarter YTD.
At June 30, the figure stood at 54,472 new vehicle sales – a boomer 14,754 new commercials and 39,718 new passenger vehicles.
“Commercial vehicle registrations remain extraordinarily strong with monthly (June) registrations of 3181 vehicles,” says the MIA’s David Crawford. “This is the strongest June sales since 1982.
“Year to date commercial registrations of 14,754 are 3050 registrations (26%) ahead of this time in June 2012 (11,704 registrations). This reflects the strong housing market in Auckland and the Christchurch rebuild, providing business confidence to the trade sector,” Crawford adds.
“New passenger car registrations of 7542 vehicles in June were the strongest since 2005 (7713 registrations). Year-to-date passenger vehicle registrations of 39,781 vehicles are 1636 (4.3%) ahead of this time last year (38,145 registrations).”
For the month of June, Toyota remains the market leader with 21.9% market share, or 2350 registrations (1,433 passenger cars and 917 commercials). Ford was second with 11.3% market share (1210 registrations), followed by Holden on 10.2% (1097 registrations).
Top selling model for June was the Toyota Corolla with 416 registrations, followed by the Toyota RAV4 with 343 registrations, with the Hyundai Santa Fe in third with 312 registrations. In the commercial segment, the Toyota Hilux was the top selling model with 665 registrations, followed by the Ford Ranger (416 registrations) and Nissan Navara (286 registrations).
The Toyota Hilux with 2449 registrations and the Ford Ranger with 2197 registrations are the two top selling commercial models for 2013 year-to-date.
The SUV segment was the most popular in June with 29% of total registrations, reflecting the dominant position year to date with 28% of all registrations. This was followed by the pick up/chassis segment which accounted for 22% of all registrations for the month and 19% year to date.
“Total vehicle registrations for 2012 were 100,795. Year-to-date there have been 54,475 registrations reflecting a strong new vehicle sector in 2013.
“With a strong New Zealand dollar and economic confidence in our two largest cities, we are on track to sell more than 100,000 new vehicles for the year,” says Crawford.
