NZ new vehicle sales reach record for October, heading for yearly all-time high

Wed, 04 Nov 2015

By Tina Morrison Nov. 5 (BusinessDesk) - New Zealand new vehicle sales had their strongest October month on record, with the annual tally heading for a new high. New vehicle registrations increased 5 percent to 12,684 from the year earlier month, marking the highest ever level for an October month, according to the Lower Hutt-based Motor Industry Association. Registrations so far this year are tracking 5 percent ahead of the same period last year, and at their current rate look set to beat last year's record sales of 127,352 by about 7...

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