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

How NZICC could change Auckland's CBD
Economy

How NZICC could change Auckland's CBD

Developers are pouring billions into Auckland CBD's midtown area.

Dileepa Fonseka 13 Mar 2025
Gap between NZ and Aus bank interest margin grows
Economy

Gap between NZ and Aus bank interest margin grows

In New Zealand, 2024 net interest margins were flat at 2.34%.

Gregor Thompson 12 Mar 2025
School lunch provider Libelle Group tipped into liquidation
Retail

School lunch provider Libelle Group tipped into liquidation

It is contracted to deliver approximately 125,000 meals a day. 

Staff reporters 11 Mar 2025
Trump declines to rule out recession
Economy

Trump declines to rule out recession

President sees ‘period of transition’ as he tries to reshape US economy.