New Zealand’s auto industry is looking for improvement in the year’s second quarter, after total vehicle sales last year declined 28% to 70,048, from prior-year’s 97,330. New-car deliveries in 2009 tumbled 25.9% to 54,404 units, from 73,397, while commercial-vehicles’ plummeted 34.6% to 15,644 from 23,933 in 2008, the New Zealand Motor Industry Assn. reports. MIA CEO Perry Kerr says it’s clear the global financial crisis had a dramatic impact on new-vehicle sales. “Members of the ...
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