January new car regs up 11% from year ago
New car registrations rose 10.8 percent in January compared to a year earlier to 6210, with commercials up 19.1 percent from particularly low levels to 1313.
New car registrations rose 10.8 percent in January compared to a year earlier to 6210, with commercials up 19.1 percent from particularly low levels to 1313.
Figures from the New Zealand Transport Agency also show used car registrations -- usually imported used cars -- up to 7068 last month from 6828 a year earlier.
Toyota was market leader for the month with 23.7 percent of total new vehicle registrations, followed by Holden with 11 percent and Ford with 10.5 percent.
The Toyota Corolla was the top selling model in January at 907, of which 735 were bought for rentals, while the Holden Commodore was next at 380 of which 205 were rentals.
Motor Industry Association chief executive Perry Kerr said the industry would be very happy with the start of 2011.
The industry average projection was for growth of just under 4 percent for the full year.
That was certainly not at the 14.8 percent levels of 2010, which was not unexpected given the dismal level of sales during the 2009 economic downturn, Mr Kerr said.
NZPA
Fri, 04 Feb 2011
Fri, 04 Feb 2011
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January new car regs up 11% from year ago
12101