New Zealand sales rise in October

New Zealand Motor Industry Affiliation details showed October 2021 new auto profits rose sixteen.8% calendar year on calendar year to thirteen,870 units.

Calendar year to date quantity was up 37.8% to 136,886 registrations in comparison to the initial ten months of 2020.

October (spring) is usually a sturdy thirty day period for new auto profits in New Zealand. When profits were forward of Covid hit 2020 they were very well powering October benefits for 2016 to 2019 inclusive.

Inventory concentrations remained lower, with shipments of new automobiles heading by customs, entry compliance and straight to clients. Prolonged wait around lists for preferred models continued as intercontinental and domestic logistic constraints due to Covid-19 and microchip shortages carry on to adversely impact the sector.

The Ford Ranger was once more the best advertising model, adopted by the Toyota RAV4 and Corolla. The Hilux was fifth.

Toyota remained overall current market chief with 23% current market share (3,123 units), adopted by Ford with 15% (2,088 units) and Mitsubishi in third location with 8% current market share (1,094 units).

Toyota also retained the current market direct for passenger and SUV registrations with twenty five% current market share (2,324 units) adopted by Mitsubishi with ten% (961 units) and Hyundai with 7% current market share (642 units).

The best advertising passenger and SUV models for the thirty day period were the Toyota RAV4 (861 units) adopted by the Corolla (742) and the Mitsubishi Outlander (693 units).

Ford retained industrial auto current market direct with 38% share (1,769 units) adopted by Toyota with seventeen% (799 units) and Nissan third with 8% current market share (383 units).

The Ranger was also the greatest advertising industrial model with 34% share (1,610 units) adopted by the Hilux with 12% share (585 units) and the Nissan Navara in third position with 8% current market share (383 units).