NZ Sales: Positive numbers in August

NEW ZEALAND has seen an uptick in new automobile registrations in August of two.1 per cent (or 202 models) on the identical month final 12 months, attributed to a surge in rental gross sales quantity – up 71.2 per cent (or 612 models) in contrast with August 2023.

The New Zealand Motor Trade Affiliation (MIA) says August gross sales to rental firms signify the best rental volumes bought up to now this 12 months, driving whole gross sales for the month to 9990 models.

Nevertheless, on a year-to-date foundation, 2024 registrations are down 18.7 per cent (or 18,846 models) in contrast with the identical interval in 2023.

Gentle passenger automobile (automobile and SUV) registrations in August totalled 6765 models, a lower of three.0 per cent in contrast with the identical time final 12 months, and a fall of 38.2 per cent on August of 2022.

12 months-to-date, gross sales are down 26.4 per cent in contrast with 2023 (19,094 models) and 29.3 per cent decrease than in 2022 (22,085 models).

The MIA says enterprise gross sales signify a 40.1 per cent share of all new mild passenger automobile gross sales in August, with personal patrons taking a 39.5 per cent slice of the motion and rental fleets the remaining 17.9 per cent.

The highest three best-selling passenger fashions in August had been the Toyota RAV4 (541 models and eight.0 market share factors), Kia Seltos (308 models and a 4.6 per cent share), and the Mitsubishi ASX (286 models and 4.2 per cent).

Throughout the segments, New Zealand patrons confirmed a choice for compact SUV fashions (2300 models or 34.0 market share factors), medium SUV fashions (2121 models or 31.4 per cent), and huge SUV fashions (775 models or 11.5 per cent).

Common month-to-month mild business automobile registrations stay secure at 2967 models (YTD), marginally above the 2959 models recorded in August 2023. 12 months-to-date registrations are up 0.3 per cent (63 models) than the identical interval in 2023.

For August 2024, a complete of 2576 mild business autos had been registered, up 23.7 per cent (or 493 models) on the identical time final 12 months, however down 526 models on the 12 months prior.

Purchaser choice noticed the Ford Ranger prime the gross sales charts with 826 models bought (a 32.1 per cent market share) forward of the Toyota HiLux (687 models or 26.7 market share factors) and Mitsubishi Triton (279 models and 10.8 per cent).

As is the case in Australia, four-wheel drive cab-chassis and pick-up fashions lead the gross sales pack with a complete of 1763 models bought in August (68.4 per cent share) forward of two-wheel drive cab-chassis and pick-up fashions (500 models or 19.4 market share factors), and lightweight business vans (264 models or 10.2 per cent).

Enterprise patrons fashioned nearly all of these buying mild business autos in New Zealand throughout August, shopping for 1950 models (a 75.5 per cent share). Personal patrons bought 418 models (16.2 per cent) and rental fleet patrons 208 models (8.1 per cent).

Heavy business automobile registrations proceed to develop barely, reaching a mean of 644 models (YTD), up from 629 common month-to-month models in 2023 and 565 models (YTD) in 2022.

Prime 10 gross sales by Make (August passenger, SUV and business):

Prime 10 gross sales by Mannequin (August passenger and SUV):

Prime 10 gross sales by Mannequin (August business):

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