Dealer numbers shrink
Total of registered traders drops for the second consecutive month but remains above 3,000-mark.
Posted on 01 September, 2022
The number of dealers in New Zealand fell to 3,004 at the end of August, according to figures from the Motor Vehicle Traders Register (MVTR).
It was a drop of eight traders from July’s figure of 3,012 and the second consecutive month where the register has shrunk by that number.
Registered dealer numbers now stand 52 lower than they did a year ago when the total was 3,056.
The figures 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, which falls under the remit of the Ministry of Business, Innovation and Employment.
