EV sales jump, utes stall as feebate scrapped

EV sales jump, utes stall as feebate scrapped
Low-emission vehicle sales powered ahead last year. (Image: BusinessDesk)
Brent Melville
Low-emission vehicles accounted for almost three of every four new cars driven off the lot last month as buyers scrambled to get in ahead of the scrapping of the clean car discount scheme by Jan 1.Motor Industry Association (MIA) data shows 7,077 battery and hybrid-powered cars were sold during the month, representing 72.5% of all new vehicle sales.That was the bright spark for the motor industry, but overall December registrations were still 17.5% lower, at a combined 9,768 vehicles down on the prior December’s 1...

More Economy

Independent costings needed for tough political decisions
Economy

Independent costings needed for tough political decisions

The time is now for an Independent Fiscal Institution.

Brave-faced craft chocolate industry finds strength in unity
Retail

Brave-faced craft chocolate industry finds strength in unity

More than 30 boutique chocolate companies raised the bar at Chocstock.

Medicine working but business confidence continues to fall
Finance

Medicine working but business confidence continues to fall

Confidence in retail and construction rose, while other sectors were more downbeat.

Tom Raynel 27 Jun 2024
NZ dollar takes higher Aussie and Canadian inflation in stride
Economy

NZ dollar takes higher Aussie and Canadian inflation in stride

Inflation was higher than expected in both markets.

Rebecca Howard 27 Jun 2024