New Zealand gross sales rise in October
New Zealand Motor Trade Affiliation knowledge confirmed October 2021 new car gross sales rose 16.8% yr on yr to 13,870 items.
Yr to this point 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 new car gross sales in New Zealand. Whereas gross sales have been forward of Covid hit 2020 they have been properly behind October outcomes for 2016 to 2019 inclusive.
Inventory ranges remained low, with shipments of recent autos going by way of customs, entry compliance and straight to prospects. Lengthy wait lists for in style fashions continued as worldwide and home logistic constraints on account 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 items), adopted by Ford with 15% (2,088 items) and Mitsubishi in third spot with 8% market share (1,094 items).
Toyota additionally retained the market lead for passenger and SUV registrations with 25% market share (2,324 items) adopted by Mitsubishi with 10% (961 items) and Hyundai with 7% market share (642 items).
The highest promoting passenger and SUV fashions for the month have been the Toyota RAV4 (861 items) adopted by the Corolla (742) and the Mitsubishi Outlander (693 items).
Ford retained business car market lead with 38% share (1,769 items) adopted by Toyota with 17% (799 items) and Nissan third with 8% market share (383 items).
The Ranger was additionally the perfect promoting business mannequin with 34% share (1,610 items) adopted by the Hilux with 12% share (585 items) and the Nissan Navara in third place with 8% market share (383 items).