NZ new vehicle sales post strongest October month on record; heading for annual high

NZ new vehicle sales post strongest October month on record; heading for annual high
Tina Morrison
By Tina Morrison Nov. 3 (BusinessDesk) - New Zealand new vehicle sales rose 5.6 percent in October, hitting a new record for the month and keeping sales on track to hit their highest ever level this year. Some 15,530 new vehicles were registered in October, ahead of the 14,709 registered in the same month last year, according to the Motor Industry Association. That marks the highest ever level for an October month and the second strongest of any month, behind only the 15,985 new vehicles registered in June this year. Motor vehicle regi...