Dealer numbers arrest slump
Slight monthly increase but register’s latest total is 50 traders lower than a year ago.
Posted on 01 November, 2021
The number of dealers in New Zealand edged up to 3,046 at the end of October, according to figures released by the Motor Vehicle Traders Register (MVTR).
This was two more than the 3,044 registered traders recorded at the end of September.
The increase snaps four consecutive months of falling numbers.
However, the October total is 50 fewer dealers than the 3,094 that were on the register at the same time a year ago.
Dealer numbers have largely been in decline since hitting a high of 3,536 in November 2017.
The MVTR holds essential information about registered traders and their businesses. It is operated by Trading Standards, a business unit of the Ministry of Business, Innovation and Employment.
