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
- Housing stats show just about everything's getting worse
- Sir Bob Jones: Why the newspaper industry is deservedly dying
- Sri Lanka: PM's visit signals it's open for business
- Adobe, Microsoft, Google signal price rises from Oct 1 as GST net thrown wider (thanks, Spark)
- Craig expected to seek judge-only High Court review of jury's $1.27m damages decision
Most listened to
- Week in Review: a wrap of NBR Radio's top stories, interviews and analysis
- Matthew Hooton: Little leaves centre wide open for Peters and Greens
- ASB's Kim Mundy and Realestate.co.nz's Vanessa Taylor on the latest housing statistics
- Rob Hosking: Winston’s hour is coming
- Hunter's Corner: High stakes for both sides of Warminger case