New Zealand new-car sales in November totaled 4,486 units, down 8.4% from prior-year’s disastrous 4,898. The monthly result was in line with the industry forecast for 2009, the Motor Industry Assn. says. Last year’s November market collapsed, with new-car deliveries tumbling 27.1% from 6,723 in like-2007, after the global economic crisis saw the failure of a number of vehicle-finance companies. At the time, the industry predicted 2009 would be a difficult year, with new-vehicle sales ...
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