No Slowdown for New Zealand in February
With the first two months on the books, new-vehicle sales are up 3% in the country, with Toyota No.1 in the market.
New Zealand produced the strongest February ever for new-vehicle sales as an anticipated slowdown has yet to materialize.
The Motor Industry Assn. says the 10,313 units delivered during the month broke a record that had stood since 1984, the only other time more than 10,000 units were sold in February.
After two months, vehicle sales were up 3% to 22,206 units, led by Toyota at 3,801, followed by Ford (2,710) and GM Holden (2,138). New-car sales increased just 25 units year-to-date to 16,091 and CV deliveries rose 11.6% to 6,115.
Releasing the results, MIA CEO David Crawford says February sales were up 4.4% year-on-year as car sales climbed 1.9% to 7,192 units and CVs rose 10.0% to a record 3,121.
“Strong net immigration, a healthy tourism sector and a competitive market are helping to drive new-vehicle sales,” Crawford says in a statement
Toyota continued to move away with February sales of 1,559 units, ahead of Ford (1,266) and Holden (894).
The top three selling models for February were light trucks: the Ford Ranger with 582 units, Toyota Hilux (444) and Mitsubishi Triton (289).
Toyota remained the market leader for passenger vehicles with 915 units, followed by Mazda (719) and Holden (645).
The Toyota Corolla (231 units) slipped to third place in the car market behind the Kia Sportage and Mazda CX-5, tied for first spot with 236 units.
Ford led the CV market in February with 662 units, just ahead of Toyota (644) and Mitsubishi (288).
Year-to-date, the Ranger (1,243 units) maintains a healthy lead over the Hilux (744).
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