New Zealand’s new-car market continues to be shaken by inventory shortages as a result of the March earthquake and tsunami in Japan, with June sales down 7.3% year-on-year to 5,365 units. The clear winner was Hyundai, which exceeded sales expectations to take the lead in the country’s passenger-car sales for the first time ever, as traditional market-leader Toyota struggled with supply constraints. Motor Industry Association data shows New Zealand’s total vehicle sales slipped 4.4% in ...
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