NZTA June registration figures show new vehicle sales are booming. For both passenger cars and commercial vehicles sales were up over 29% June 2012 verse June 2011.
New passenger car registrations of 7,142 were up 33.1% (1,777 units) on June 2011 (5,365). Commercial vehicles with 2,959 registrations were up 29.3% (672 units) on June 2011 (2,287).
Year to date passenger car registrations total 38,145 vehicles which is up 22% (6,854 units) on 2011 (31,291).
Commercial vehicles were lower running only 9.2% (983 unit difference) ahead of 2011 - total registrations of 11,704 verse 10,721.
"The new vehicle industry is extremely buoyant" said Mr Kerr, Chief Executive Officer of the Motor Industry Association.
"While we could expect any comparison with last year, when the industry was hit with severe stock shortages to be up month over month or year over year, sales are particularly strong, for example June new car registrations were the highest since 2005 which was a peak in sales over the preceding 16 years - back to 1989. Stock has now returned to normal and this coupled with Field Days, the Field Day specials along with new model releases is obviously capturing the public's attention. Again I can say members and their dealers are very happy with this result" he concluded.
Toyota remained in number one position for passenger cars with 1,461 registrations followed by Ford with 766 and Holden in third with 712. With commercial vehicles again Toyota was in first place with 933 registrations followed by Ford with 485 and Nissan 377. The impact of Field Days associated with availability of stock had the top three selling models all light commercials - the Toyota Hilux with 676, Ford Ranger 440 registrations and Nissan Navara 370 registrations. In the passenger car segment the Toyota Highlander was in number one position with 358 registrations helped along by 274 rental vehicle sales. Suzuki Swift was second with 279 registrations followed very closely by the Ford Focus with 278 sales.
Compare Credit Cards - Independent interest rate and fees comparisons for New Zealand banks.