Dealer numbers edging down
After a surprise surge in registered traders through the middle of the year, the latest figures mark three months of decline.
Posted on 01 December, 2020
The number of dealers in New Zealand fell to 3,090 at the end of November, according to figures released by the Motor Vehicle Traders Register (MVTR).
This was four fewer than for the previous month and a fall of 144 from the end of November 2019 when 3,234 were registered.
It marks three months of decreases following an increase in the numbers through June, July and August, when they peaked at 3,123.
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.
