NZ new vehicle sales rise to highest level in 32 years in March

NZ new vehicle sales rise to highest level in 32 years in March
Tina Morrison
By Tina Morrison April 5 (BusinessDesk) - New Zealand new vehicle sales in March rose to the highest level for the month in 32 years, led by record demand for commercial models. Registrations increased 3 percent to 12,110 in March from a year earlier, marking the strongest March level since 1984, according to the Lower Hutt-based Motor Industry Association. Commercial vehicle registrations rose 6.5 percent to 3,919, the highest ever recorded for a March month while passenger vehicle registrations gained 1.4 percent to 8,191, the strongest...