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Old 12-08-2003, 06:21   #1 (permalink)
Mr. Embargo
 
Join Date: May 2001
Location: Embargoland
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NEW ZEALAND: New car sales continue upward trend in November

New Zealand’s new vehicle market remained buoyant in November, reflecting the trend of the last two years, as a strong economy and lower depreciation continued to attract buyers, the Motor Industry Association (MIA) said in a statement.

New car sales last month totalled 5,789, the strongest November since 1990, whilst sales for the year to date, at 64,388, are already ahead of 2002’s full year figure of 64,086. November sales were well down on October’s record 7,433, but October is usually a strong month for rental car deliveries as the industry ‘fleets up’ for the summer tourist season.

With 1,769 sales recorded, November was the strongest month for new commercial vehicles since 1984. The 19,902 new vehicles sold year to date exceeds the total for any full calendar year since 1985.

“The new vehicle industry is certainly reaping the rewards of favourable market conditions,” said MIA CEO Perry Kerr. “It would be nice to see a 70,000 new car market for 2003. We may miss that by a whisker, but a 90,000 market for total new vehicles would be equally rewarding, and this looks virtually certain. This figure has not been reached since 1990”

Ford rebounded from their October fourth place in both passenger and total vehicles to take leadership for the month. With one month to go, passenger car leadership for the year is still possible for the blue oval, but it looks like Toyota will lead the market yet again.

The duel between the Australian-made Ford Falcon and General Motors’ Holden Commodore continues for top selling passenger car honours has lasted all year. The Falcon led in November but the Commodore is too far ahead in year to date sales to be threatened. Toyota’s Corolla, for years the country’s most popular car, remains in third place.

Top new car brands year to date:
1 Toyota 10,744 16.69%
2 Ford 10,456 16.24%
3 Holden 10,047 15.60%
4 Mitsubishi 6,294 9.78%
5 Honda 4,251 6.60%
6 Nissan 4,003 6.22%
7 Mazda 3,131 4.86%
8 Subaru 1,479 2.30%
9 Hyundai 1,433 2.23%
10 BMW 1,395 2.17%
Others 11,155 17.32%
Total 64,388

Top 10 new car models year to date:
1 Holden Commodore 6,856
2 Ford Falcon 6,053
3 Toyota Corolla 3,886
4 Mazda 6 2,362
5 Toyota Camry 2,108
6 Ford Mondeo 2,064
7 Mitsubishi Lancer 2,057
8 Mitsubishi Diamante 1,883
9 Holden Astra 1,565
10 Toyota RAV4 1,456
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