Dealer numbers back in decline
Latest figures bring an end to the surprise run of three months that saw increasing numbers of people selling cars.
Posted on 05 October, 2020
The number of dealers in New Zealand fell by 24 during September to reach 3,099 at the end of the month, according to figures released by the Motor Vehicle Traders Register (MVTR).
The decrease follows three consecutive months of increases, and takes the total close to the 3,096 traders who were in business at the end of June 2020.
However, the figure at the end of September is 161 fewer than the 3,260 registered dealers at the same stage of 2019. It is also well down from the industry’s peak 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.
