New Zealand's new-vehicle market saw another record month in March, as new-car sales climbed 7% to 7,033 units and new commercial vehicle sales increased 12% to 2,320. “This was the biggest March for new cars since 1990 and the biggest for new commercials since 1985," Motor Industry Assn. CEO Perry Kerr says. "Despite all the comments about a softening economy, new-ehicle buyers continue to display a high level of confidence.” Toyota New Zealand Ltd. stretched its market lead in March, ...

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