NZ new car sales post monthly record in June as Fieldays boosts commercial vehicles

Mon, 03 Jul 2017

By Paul McBeth July 4 (BusinessDesk) - New Zealand's monthly new car sales rose to a record in June as the ongoing themes of cheap finance and an expanding population were given a boost by the recent Fieldays event, where resurgent rural confidence spurred farmers to buy commercial vehicles. Registrations of new vehicles climbed 17 percent to 15,985 in June from the same month a year earlier, eclipsing the previous monthly record in October 2016 when 14,709 cars were registered, the Motor Industry Association said in a statement. Of that...

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