NZ Sales: Rental market bolsters sales

NEW ZEALAND has witnessed a bumper gross sales month in November, helped in no small half by a major variety of rental market registrations.

Of the 14,519 new autos bought and registered in New Zealand throughout November, some 4466 have been destined for rental fleets.

This marks the best variety of month-to-month rental registrations in 4 years, contributing to 30.7 per cent of the month’s total tally.

New Zealand Motor Trade Affiliation chief government Aimee Wiley says the numbers are a welcomed increase for the trade, which stays impacted by the soon-to-be-lifted Clear Automobile Low cost program.

Total, November passenger automotive registrations stay 7.1 per cent decrease than the identical time final yr, and 11.1 per cent down on November 2021 figures. Industrial automobile registrations are down 32.0 per cent on November 2022 and 40.9 per cent on November 2021.

In November 11,497 gentle passenger autos have been registered, adopted by 2169 gentle industrial fashions and 853 heavy industrial fashions.

Final month’s high three total market leaders have been Toyota with a 24.9 per cent share (3615 items), adopted by Ford with 13.0 per cent (1894 items) and Mitsubishi with 8.0 per cent (1160 items).

The most well-liked automobile segments have been medium SUV (32.7 per cent), compact SUV (18.5 per cent) and small passenger automobile (12.6 per cent).

Curiously, the spike in rental automobile registrations inflated the sunshine passenger section total, driving a year-on-year improve of two.9 per cent (or 322 items).

Passenger automobile and SUV winners for the month of November embrace Toyota with a 26.3 per cent share (3018 items), Mitsubishi with 9.3 per cent (1069 items) and MG with 7.8 per cent (900 items).

Finest-selling fashions for the month of November included the Toyota RAV4 (1419 items), Mitsubishi Outlander (558 items) and Tesla Mannequin Y (544 items).

New vitality autos stay a well-liked selection throughout the ditch, with battery electrical autos (BEVs) taking an 18.5 per cent share of the market in November (or 2692 items), plug-in hybrid autos (PHEVs) an 8.0 per cent share (or 1164 items) and hybrids (HEVs) 23.6 per cent (or 3426 items).

Inside combustion engine autos with no electrification stuffed the remaining 49.8 per cent share (7237 items).

New Zealand BEV patrons favoured the Tesla Mannequin Y in November, shopping for 533 items (21.0 per cent share), adopted by the MG 4 with 496 items (18.1 per cent) and the BYD Atto 3 with 338 items (13.1 per cent).

PHEV purchasers proceed to favour Mitsubishi merchandise, with the Eclipse Cross (314 items and 27.0 per cent share) and Outlander (277 items and 23.8 per cent share) dominating the section over the MG HS (239 items and 20.5 per cent share).

Toyota scored a hat trick within the HEV section, with the RAV4 (657 items and 19.2 per cent share), Corolla (485 items and 14.2 per cent share) and Corolla Cross (370 items and 10.8 per cent share) crowding the rostrum.

On the industrial automobile entrance, 3022 items have been registered throughout November, down 32.0 per cent on the identical month final yr. On a year-to-date foundation, industrial automobile registrations are down 17.3 per cent (or 7811 items) in contrast with the identical interval in 2022.

Ford took the market lead for industrial autos in November 2023 with a 37.6 per cent market share (1135 items), adopted by Toyota with 19.8 per cent (597 items) and LDV with 4.5 per cent (136 items).

The highest-three promoting industrial fashions for the month of November have been the Ford Ranger (1083 items), adopted by the Toyota HiLux (420 items) and Toyota HiAce (169 items).

High 10 gross sales by Make (November passenger, SUV and industrial):

High 10 gross sales by Mannequin (November passenger and SUV):

High 10 gross sales by Mannequin (November industrial):

*All figures are provided courtesy of the Motor Trade Affiliation of New Zealand.