NEW Zealand’s motor market made a modest restoration final month because of a carry in SUV gross sales, however the business continues to be headed for its first annual loss in a decade.
November car registrations have been down three.5 per cent, which is best than the 10.2 per cent drop in October.
With one month to go in 2019, the year-to-date gross sales tally is operating four.7 per cent behind 2018.
The business would wish to shift greater than 18,000 automobiles in December to bridge the hole to 2018 when a document 161,519 automobiles have been bought.
NZ Motor Industry Association chief government David Crawford stated November 2019 registrations got here in at 13,850, down 509 models on November 2018.
“Year to date the market is down 4.7 per cent, which confirms our expectation that the market for 2019 will be down approximately 5.0 per cent on 2018 volumes,” he stated.
The largest drag on gross sales in November got here from the business car phase which crashed 12.6 per cent in contrast with the identical month final yr to 4210 models, down 606 models.
By comparability, 9640 passenger automobiles and SUVs have been bought, representing a 1.06 per cent carry on the corresponding month final yr.Medium and compact SUVs dominated, taking a mixed 37 per cent of new-vehicle gross sales in November.
Thanks to its domination of passenger automotive and SUV gross sales, Toyota remained firmly in the lead of the gross sales race in November when it recorded 3110 gross sales for a 22 per cent market share – greater than double the subsequent greatest Ford’s 1360 registrations and 10 per cent share.
However, Ford continued to carry sway in the business car sector, promoting 994 automobiles for a 24 per cent share in contrast with Toyota’s 939 registrations and 22 per cent share.
Ford’s Ranger additionally remained on prime spot in the mannequin gross sales rankings with 907 gross sales, forward of Toyota’s RAV4 (881 gross sales) which pushed its HiLux stablemate again to 3rd place for the month.
Mitsubishi and Holden have been locked in a battle for third place in November, with the Japanese model edging out Holden by simply two gross sales –1042 to 1040.
Year up to now, Mitsubishi leads Holden by 586 models, 11,815 to 11,229 – a niche that ought to see Mitsubishi knock the GM model out of third place.
Kia’s new Seltos compact SUV scored 400 gross sales in November to push the South Korean marqueup to sixth place in the general market and as much as second place in the passenger automotive and SUV rankings.
In the rental market, Toyota stands supreme, holding the highest 4 gross sales positions with its Corolla, RAV4, Yaris and Prado.
NZ Top 10 Brands November 2019