registrations


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Fourth record year in a row

New vehicle registrations hit an all-time new record in 2017 – the new vehicle market performed significantly well and greatly exceeded 2016’s record. 

A total of 159,871 new vehicle registrations were recorded for the stellar 2017 calendar year. Registrations for the 2017 year increased by 9.0 per cent or 13,118 units compared to 2016.

David Crawford, Chief Executive Officer of the Motor Industry Association says, “a continued robust tourism sector, which in turn drove healthy sales of rental vehicles, helped to make the month of December the strongest on record with 11,570 new vehicle registrations.”

Registrations in both the passenger and commercial sector grew compared to last year – with registrations of new passenger/SUV vehicles and commercial vehicles up by 5.8 per cent and 16.2 per cent, respectively.

Toyota remained both the market leader for the month of December, and for passenger and SUV registrations with a significant 29 per cent market share.

Toyota remained market leader for the month of December, with a 26 per cent share, this was followed by Holden and Mitsubishi, with 10 per cent and 8 per cent shares correspondingly.

Toyota was also the market leader for passenger and SUV registrations with a significant 29 per cent market share followed by Holden with 8 per cent closely followed by Mitsubishi with 7 per cent market share.

The top selling passenger and SUV models for the month were the Toyota Corolla, with 1,116 registered, of which 1,011 were rentals. This was followed by the Toyota RAV4 and the Mitsubishi ASX.

In the luxury sector passenger and SUV sector, Mercedes-Benz retained the 2017 market leader spot with 2,540 registrations, followed by Audi with 2,060 registrations and BMW with 1,954.

In the commercial sector, Ford was the market leader with 19 per cent followed by Toyota with 17 per cent. 

The Ford Ranger retained the top spot as the bestselling commercial model, four years in a row, with a 17 per cent share (597 units) followed by the Toyota Hilux with a 13 per cent share (442 units) closely followed by the Holden Colorado also with a 13 per cent share (439 units).

For the third year in a row, the Ford Ranger remained the top model overall with 9,420 registrations compared to 8,106 for the Toyota Hilux and 7,797 registrations for the Toyota Corolla.

The Ford ranger remains NZ’s top selling commercial, and overall.

Vehicle segmentation for the 2017 year reflects the changing patterns of new vehicle registrations with SUV’s and light commercials dominating the market. The small vehicle segment only breaking into the top five spots with a 12 per cent share.

The top two segments for the year were SUV medium vehicles with 17 per cent share (26,515 units) followed by the Pick Up/Chassis Cab 4×4 segment with 14 per cent (22,175 units). SUV large and SUV compact round out the top five spots with 11% each of the market.

“Distributor expectations for 2018 indicate maintenance of current levels of activity, but further steady growth in the new vehicle sector above 2017 outturn is not expected.” said Mr Crawford.

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Record year for registrations

Latest figures show a record number of new vehicle registrations for the month of November.

The latest figures from the Motor Industry Association show a record number of new vehicle registrations for the month of November, making it the strongest month of November on record.

This has ultimately made the 2017 calendar year the leading year on record for registrations of new vehicles in New Zealand, with one month to go. 

David Crawford, Chief Executive Officer of the Motor Industry Association says, “there were 14,594 new vehicle registrations for the month of November, making it the strongest month of November on record. It also took the 2017 calendar year past the full 2016 year making it the strongest year on record for registrations of new vehicles in New Zealand, the fourth consecutive year in a row. Total registrations of new vehicles for the 2017 year to date[1] were 148,335 and this exceeds the 2016 full year total of 146,753 vehicles by 1,582 units. Registrations for the year to date were 9.5% year to date above this time in 2016.”

Year to date, sales of passenger and SUVs were up by 6.2% (5,888 units) and commercial vehicles by 16.9% (6,952 units) compared to this time in 2016.

For the month of November, Toyota remains the overall market leader with 22% market share (3,227 units), followed by Ford with 11% (1,546 units) and Holden with 10% market share (1,489 units).

Toyota was also the market leader for passenger and SUV registrations with 23% market share (2,358 units) followed by Holden with 11% (1,149 units) and Mazda with 9% market share (904 units). The top selling passenger and SUV models for the month were the Toyota Corolla (814 units) followed by the Toyota RAV4 (648 units) and the Toyota Highlander (445 units).  

In the commercial sector, Ford was the market leader with 22% (943 units) followed by Toyota with 20% (869 units) and Holden third with 8% market share (340 units). The Ford Ranger retained the top spot as the bestselling commercial model with 20% share (874 units) followed by the Toyota Hilux with 14% share (620 units). Year to date the Ford Ranger remains both the top commercial vehicle model and the top model overall with 8,824 registrations compared to 7,664 for the Toyota Hilux.

Vehicle segmentation for the month of November returns to more normal patterns of recent times with the top four spots taken up by SUVs and light commercial vehicles. The top segments were SUV medium vehicles with 19% share, followed by  the Pick Up/Chassis Cab 4×4 segment with 13% and SUV Large with 12% market share.

“With one month to go the question on everyone’s lips is whether the total for the year will break through the 160,000 mark for the first time. The 150,000 total mark for a calendar year is no longer a question” said Mr Crawford.

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Solid month for used car sales

Passenger vehicle registrations increased by a healthy 8.6 per cent last month compared to the same month in 2016 with 1,081 more registrations. There were 13,645 sales compared to 12,564 a year earlier.

When compared to August sales reduced by 5.78 per cent from 14,483 registrations. August remains 2017’s best sales month.

So far in 2017, there’s been 122,510 used imported car registrations.

Toyota has retained the top spot with a market share for the month of 23.7 per cent with 3,234 registrations. Nissan is second with 2,538 sales followed by Mazda with 2,220.

The battle for top model is a lot closer with the Mazda Axela, Suzuki Swift and Nissan Tiida making up the top three. They hold 4.6, 4.4 and 4 per cent market shares respectively.

The Nissan Leaf continues to gain popularity with sales of 182 units, an increase of 230 per cent on the 55 sales in September 2016. The electric vehicle has now climbed to gain 1.3 per cent of total used imported cars.

The other stand out for the month was the Mazda CX-5 with 130 registrations – up 900 per cent on 13 sales during the same month last year.

In terms of the regions, Oamaru had a stellar month with 33 sales in September compared to 19 during the same month last year – an increase of 73.7 per cent. 

Up north, Rotorua dealers registered 198 used cars – up 41.4 per cent on September 2016’s 140 sales. 

For the second month in a row, New Plymouth and Invercargill also did well when compared to this time last year with increases of 35.3 and 28.8 per cent.

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January imports rise

January 2017 imports rose eight per cent, or $311 million, to $4.19 billion, the highest value for a January month, according to the latest Statistics New Zealand overseas merchandise trade report. In the month of January, vehicles, parts and accessories imports hit $617 million, a 17.8 per cent increase on January 2016.

Annually, import values have fallen 1.5 per cent overall to $51.93 billion.

Import values for vehicles, parts, accessories rose 11 per cent annually to $7.8 billion, and remained the highest-value import commodity for 2017.

Mechanical and machinery equipment, the second-largest import commodity, fell 1.5 per cent to $6.89 billion. In third, petrol import values also declined, down 12 per cent annually to $4.5 billion.

The report also noted an 11 per cent increase in car registrations compared to the previous corresponding period. 38,876 used and 27,941 new cars were newly registered in the three months ending January 2017.

China continues to be New Zealand’s largest importer, declining 1.1 per cent to $10.3 billion. Australia remains second at $6.4 billion and the USA third at $5.8 billion.

Japan, the fourth-highest market, increased 8.2 per cent to $3.75 billion. In fifth, German imports rose 2.8 per cent to $2.5 billion.

Export values rose 0.3 per cent in the month of January to $3.9 billion, driven by a 4.5 per cent increase in the sale of dairy products.

In the last 12 months ending January, export values declined 1.5 per cent to $48.4 billion. Mechanical machinery and equipment fell 4.5 per cent to $1.61 billion, and electrical machinery decreased 6.6 per cent to $1 billion.

Overall, the monthly trade balance was a deficit of $285 million, or 7.3 percent of exports. Excluding crude oil exports and imports, the trade balance deficit fell to $36 million, or 0.9 percent of exports.

The trade weighted index rose 9.2 percent between January 2016 and January 2017.

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