NZ new car sales seen levelling off in 2018 after posting a fourth annual record

Mon, 08 Jan 2018

By Paul McBeth Jan. 9 (BusinessDesk) - The Motor Industry Association expects new car sales will plateau this year after posting yet another annual record in 2017 due to cheap imports, an expanding population and record tourist numbers. New vehicle registrations rose 9 percent to 159,187 in calendar 2017, the fourth year in a row of reporting a new all-time high, MIA figures show. Of that, passenger vehicles increased 5.8 percent to 108,616 and commercial vehicles advanced 16 percent to 51,508. MIA chief executive David Crawford said...

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