NZ new vehicle sales at 34 year high in April

Mon, 02 May 2016

By Tina Morrison May 3 (BusinessDesk) - New Zealand new vehicle sales in April rose to the highest level for the month in 34 years, led by record demand for commercial models. Registrations increased 7 percent to 9,939 in April from a year earlier, marking the strongest April since 1982, according to the Motor Industry Association. Commercial vehicle registrations rose 8.1 percent to 3,150, the highest ever recorded for the month of April, while passenger vehicle registrations gained 6.5 percent to 6,789, the strongest level for the month...

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