Dealer numbers creep down
The number of dealers in New Zealand fell to 3,056 at the end of August, according to figures released by the Motor Vehicle Traders Register (MVTR).
This was a drop of five from last month’s 3,061 and numbers have decreased for three consecutive months after reaching 3,104 at the end of May.
The latest total is also 67 fewer dealers than the 3,123 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.