NZ new vehicle sales hit 32-year high in August, headed for annual record

Sun, 04 Sep 2016

By Tina Morrison Sept. 5 (BusinessDesk) - New Zealand new vehicle sales rose to a 32-year high in August, with continued monthly gains signalling a new record is likely to be set this year. Registrations of new vehicles rose 13 percent to 12,677 in August from the year-earlier month, the highest level for the month since 1984, according to the Motor Industry Association. Motor vehicle registrations in the first eight months of this year are 7.1 percent ahead of the same period last year at 93,381. That suggests vehicle sales may be hea...

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