NZ new vehicle sales rise 3% in August, heading for annual record

Mon, 04 Sep 2017

By Tina Morrison Sept. 5 (BusinessDesk) - New Zealand new vehicle sales rose 3 percent in August, helping the industry notch up more than 100,000 registrations so far this year, the fastest ever pace and keeping it on track to hit a new record this year. Some 13,063 new vehicles were registered in August, ahead of the 12,677 registered in the same month last year, according to the Motor Industry Association. Passenger car and SUV registrations slipped 3.2 percent to 8,607 while commercial vehicle registrations jumped 18 percent to 4,456,...

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