NZ new vehicle sales post second-strongest July ever, on track for record year

Thu, 02 Aug 2018

By Tina Morrison Aug. 3 (BusinessDesk) - New Zealand new vehicle sales continued to accelerate in July, posting the second-strongest level of sales for the month. New vehicle registrations increased 6 percent to 12,324 in July from the same month a year earlier, marking the second strongest level for July since 1984 when 13,983 vehicles were registered, the Motor Industry Association said. Registrations of passenger vehicles and SUVs lifted 5.7 percent to 8,041, while commercial vehicle registrations rose 6.4 percent to 4,283. The coun...

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