NZ new vehicle sales rise 14% to new record for a February month

Thu, 02 Mar 2017

By Tina Morrison March 3 (BusinessDesk) - New Zealand new vehicle sales rose to a February record, marking the second month of record sales this year and continuing the strong run over the past three years. Registrations of new vehicles jumped 14 percent to 11,785 in February from the year-earlier month, the highest level ever recorded for the month, according to the Motor Industry Association. The country's new car market has been on a tear, with registrations up 9.5 percent last year to hit the highest ever annual tally of 146,753 an...

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