Off the wire
• Vietnam eyes football final at SEA Games  • Tokyo stocks mixed in morning as U.S. jobs data eyed, yen's strength weighs  • Tigerair Australia cancels Bali route leaving passengers stranded  • Brazil's Maia re-elected as head of House of Representatives  • Pentagon chief reaffirms THAAD deployment in South Korea despite opposition  • Uruguay seeks to advance FTA talks with China  • Talks between Colombian gov't, ELN to begin after release of key hostage  • 1st LD: Caixin manufacturing PMI drops to 51  • Myanmar parliament warns against parcel bomb  • Market exchange rates in China -- Feb.3  
You are here: 　 Home

New vehicle sales continue record run in New Zealand

Xinhua, February 3, 2017 Adjust font size:

New vehicle sales in New Zealand saw their strongest-ever start to the year in January, following record sales in 2016, the Motor Industry Association (MIA) said Friday.

Sales in January were up 10 percent year on year to hit a record 13,823, MIA chief executive officer David Crawford said in a statement.

"This is the strongest-ever start to a new sales year with record levels of new vehicles purchased by New Zealand businesses and consumers across the passenger and commercial sectors," said Crawford.

"As 2017 gets underway, nothing has changed with the economic environment that existed for most of 2016. The key drivers to high levels of new vehicle sales are the continued high levels of net immigration, low costs of debt and a strong national economy," he said.

Toyota remained the overall market leader in January with 17 percent market share, followed by Holden with 13 percent and Ford with 11 percent. Endit