Dealer numbers in decline
The number of dealers in New Zealand fell to 3,062 at the end of July, according to figures released by the Motor Vehicle Traders Register (MVTR).
This was a drop of 22 from last month’s 3,084 and was the second month in a row the numbers had fallen after reaching 3,104 at the end of May.
The latest total is also 60 fewer dealers than the 3,122 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.