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New Zealand sales rise in October

New Zealand sales rise in October

by admin
November 7, 2021
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New Zealand sales rise in October

New Zealand Motor Business Affiliation information confirmed October 2021 new automobile gross sales rose 16.8% 12 months on 12 months to 13,870 models.

Yr so far quantity was up 37.8% to 136,886 registrations in comparison with the primary 10 months of 2020.

October (spring) is historically a powerful month for brand spanking new automobile gross sales in New Zealand. Whereas gross sales had been forward of Covid hit 2020 they had been properly behind October outcomes for 2016 to 2019 inclusive.

Inventory ranges remained low, with shipments of latest automobiles going via customs, entry compliance and straight to prospects. Lengthy wait lists for fashionable fashions continued as worldwide and home logistic constraints as a result of Covid-19 and microchip shortages proceed to adversely have an effect on the sector.

The Ford Ranger was once more the highest promoting mannequin, adopted by the Toyota RAV4 and Corolla. The Hilux was fifth.

Toyota remained total market chief with 23% market share (3,123 models), adopted by Ford with 15% (2,088 models) and Mitsubishi in third spot with 8% market share (1,094 models).

Toyota additionally retained the market lead for passenger and SUV registrations with 25% market share (2,324 models) adopted by Mitsubishi with 10% (961 models) and Hyundai with 7% market share (642 models).

The highest promoting passenger and SUV fashions for the month had been the Toyota RAV4 (861 models) adopted by the Corolla (742) and the Mitsubishi Outlander (693 models).

Ford retained business automobile market lead with 38% share (1,769 models) adopted by Toyota with 17% (799 models) and Nissan third with 8% market share (383 models).

The Ranger was additionally one of the best promoting business mannequin with 34% share (1,610 models) adopted by the Hilux with 12% share (585 models) and the Nissan Navara in third place with 8% market share (383 models).

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Associated Corporations

GlobalData

GlobalData exists to assist companies decode the longer term to revenue from quicker, extra knowledgeable selections.

28 Aug 2020

GlobalData

GlobalData can present actionable insights to drive your organization ahead

28 Aug 2020

GlobalData

GlobalData can present actionable insights to drive your organization ahead

28 Aug 2020





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