Dealer numbers keep climbing

The number of dealers in New Zealand has increased for the third month in a row and came to 2,608 at the end of July, according to figures from the Motor Vehicle Traders Register (MVTR).

Last month’s total was an increase of four from the 2,604 registered traders in June and continues the gains made this year after the tally hit 2,601 in May and 2,593 in April.

It is also the highest monthly figure since July last year, when there were 2,631 dealers on the register. 

Since reaching a peak of 3,536 in November 2017, the number of dealers has largely been in decline.

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.