Dealer numbers keep climbing

The number of dealers in New Zealand increased by 13 last month and stood at 2,894 at the end of August, according to figures released by the Motor Vehicle Traders Register (MVTR).
It is the fourth consecutive increase since the total hit a low of 2,860 at the end of April.
However, August’s figure is 110 fewer than at the end of the same month in 2022 when 3,004 dealers were on the register.
The number of dealers has largely been falling since reaching a peak of 3,536 in November 2017.
The MVTR holds essential information about registered traders and their businesses. It is operated by Occupational Regulation, which is part of the market integrity branch of the Ministry of Business, Innovation and Employment.