April New Vehicle Registrations Remain Buoyant

3 May 2016

April New Vehicle Registrations Remain Buoyant

David Crawford, Chief Executive Officer of the Motor Industry Association says “healthy regional economies in Auckland and Christchurch combined with continued strong net immigration and competitive pricing drove the strongest new vehicles registrations in the month of April since 1982. There were 9,939 new vehicle registrations for the month of April which were up 7% (649 units) on April 2015.”

“There were 6,789 passenger vehicle registrations and 3,150 commercial vehicle registrations, which were once again the highest month of April on record for commercial vehicle registrations” said Mr Crawford.

Toyota was the overall market leader for the month of April with 15% market share (1,516 units) with Ford second on 13% (1,276 units) and Holden third with 8% (829 units).

Toyota remains the passenger car market leader for the month of April with 11% share (748 units), with Ford second on 10% (696 units) and Mazda third also with 10% (674 units).

Toyota was also the commercial vehicle market leader with 24% share (768 units) followed by Ford at 18% (580 units) and Nissan third at 10% (327 units).

The Kia Sportage was the top selling passenger model with 4% market share (290 units), followed by the Mazda CX-5 on 3% (224 units) and the Toyota RAV4 on 3% (204 units).

Toyota Hilux regained its position as the monthly top selling commercial model for April with 17% market share (535 units) and was also the top selling model overall for the month of April. The Ford Ranger was the second best seller with 16% market share (507 units) with the Nissan Navara at 10% (327 units). Year to date the Ford Ranger retains its lead as the top selling commercial model with 18% market share (2,410 units) followed by the Toyota Hilux, with 14% market share (1,880 units).

The top three models for the month of April were again light commercial vehicles, reflecting continued strong demand for 4x2 and 4x4 utes. The SUV segments accounted for 36% of vehicle registrations for the month of April followed by the Pick Up/Chassis segments with 22% share.

“Since January 2012, when comparing growth for the same month a year earlier the passenger sector has seen growth in 50 out of 52 months and for the commercial sector it has been 46 out of 52 months” said Mr Crawford.

ENDS.

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