NZ new vehicle sales jump in June as annual Fieldays bolster demand

Mon, 04 Jul 2016

By Tina Morrison July 5 (BusinessDesk) - New Zealand new vehicle sales rose to their highest level for a June month for 34 years, helped by demand at the National Agricultural Fieldays. Registrations climbed 5.1 percent to 13,699 in June, the highest level for the month since 1982 and the second-highest for any month on record, according to the Motor Industry Association. Commercial vehicle registrations rose 13 percent to 4,513, the highest ever recorded for a June month, while passenger vehicle registrations gained 1.9 percent to 9,186....

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