Dealer numbers at new low
The number of dealers in New Zealand has hit a new low and totalled 2,852 at the end of June, according to figures from the Motor Vehicle Traders Register (MVTR).
Since February this year, the tally has shrunk by 70 and the register decreased by 19 traders alone last month.
June’s figure for registered dealers was also 24 fewer than at the same stage a year ago and lower than the 2,860 recorded at the end of April 2023.
Since peaking at 3,536 in November 2017, the number of dealers has largely been falling and has not surpassed 3,000 since August 2022.
The MVTR holds essential information about registered traders and their businesses. It is operated by Occupational Regulation, which is part of the market integrity branch of the Ministry of Business, Innovation and Employment.
