Commercial car sales underpin bounce in new vehicle registrations in March

Tue, 03 Apr 2018

By Paul McBeth April 4 (BusinessDesk) - New car sales rose in March as demand for commercial vehicles underpinned a recovery from February's decline when several cargo ships were turned away at the border on biosecurity grounds. New motor vehicle registrations rose 1 percent to 14,028 last month from the same period a year earlier, taking year-to-date sales to 40,346, some 7 percent higher than the first three months of 2017, Motor Industry Association figures show. Those gains were driven by a 7 percent increase in sales of commercial v...

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