Dealer numbers climbing
The number of dealers in New Zealand has increased for the second month in a row and stood at 3,060 at the end of November, according to figures released by the Motor Vehicle Traders Register (MVTR).
This was 14 more than the 3,046 registered traders recorded at the end of October – a month when the total rose by two.
The consecutive rises follow drops in the previous four months after the register had climbed to a year-high 3,104 dealers at the end of May.
November’s total is also 30 fewer dealers than the 3,090 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.
