Mitsi eclipses Toyota as logistics bites

Mitsi eclipses Toyota as logistics bites
Cook, EVs and plug-ins lead the charge (Image: MMNZ)
Brent Melville
Mitsubishi Motors New Zealand sold just over 2,000 cars last month, enough to retain pole position for overall car sales for the first two quarters of the year and marking the first time since 1987 that Toyota has not been ahead in annual sales.While Toyota sold a combined 2,209 passenger and commercial vehicles during June, MMNZ’s combined sales of 13,769 units over the first six months remains up on Toyota’s 12,916, according to new registration numbers by the Waka Kotahi NZ Transport Agency (NZTA). That applies even factorin...

More Economy

BNZ looks to economic uptick supporting its full year 2026 outturn
Finance

BNZ looks to economic uptick supporting its full year 2026 outturn

BNZ is the latest bank to cautiously spruik GDP growth in 2026.

RBNZ says risks linked to new mortgage lending contained
Economy

RBNZ says risks linked to new mortgage lending contained

House prices near the top of RBNZ's range of sustainable estimates.

Staff reporters 06 Nov 2025
‘Remarkable growth’: Fulton Hogan posts higher profit
Economy

‘Remarkable growth’: Fulton Hogan posts higher profit

Fulton Hogan paid a total dividend of $180.4m for 2025.

Duncan Bridgeman 05 Nov 2025
NZ's financial stability risks higher than in recent years
Finance

NZ's financial stability risks higher than in recent years

The RBNZ says global uncertainty and underperformance are key factors.

Staff reporters 05 Nov 2025