Free audio stream, including stories that are padlocked on our site. Listen on any device, anywhere. Updated twice daily. The audio stream takes several seconds to start on Android devices.Launch Radio player
Sales of new motor vehicles soared in 2012, topping 100,000 units for only the third time since 1990.
Perry Kerr, chief executive of the Motor Industry Association, says preliminary industry registration data shows a 19% increase over 2011.
“[This] was an outstanding result in an apparently depressed economy,” he says.
Market leader Toyota continued its now 25-year dominance of the new vehicle market with an all-time record year.
It sold nearly 15,000 passenger cars and more than 6600 commercial vehicle for a total of 21,620 registrations.
MIA data for December saw a total of 7750 registrations, pushing the annual total to 100,794 sales for the year, broken down by 76,870 passenger cars, up 20.7% and 23,924 commercial vehicles, up 16 % on 2011.
Ford was in second place with 11,132 registrations and Holden third with 9446.
In the luxury car market, BMW finished in first position with sales of 1646 ahead of Audi (1540) and Mercedes Benz (1094).
The top selling passenger car models for the year were the Toyota Corolla (5324), followed by the Suzuki Swift (3321) and the Holden Captiva (2506).
In the commercial segment, the Toyota Hilux retained first position (4182) followed by the Ford Ranger (2815) and the Nissan Navara (2586).
This article is tagged with the following keywords. Find out more about MyNBR Tags
- 'I guess I'm back to piracy' — Auckland man as HBO NOW follows through on cut-off threat
- Crying wolf as climate change takes a ‘hiatus’
- Rodney Hide is wrong on climate change
- The Moxie Sessions: Will the last person out of Ohura please turn out the lights (but for the love of God don’t unplug the navigation beacon)
- Don’t laugh: Winston’s plan to be PM