Dealer numbers keep falling
The number of dealers in New Zealand dropped by 15 last month and stood at 3,027 at the end of February, according to figures from the Motor Vehicle Traders Register (MVTR).
This was down from the 3,042 registered traders at the end of January, when the tally tumbled by 14, and was the third consecutive month of decline.
February’s total is also 42 fewer dealers than the 3,069 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.