NZ new vehicle sales rose to a record in January

NZ new vehicle sales rose to a record in January
By Tina Morrison Feb. 3 (BusinessDesk) - New Zealand new vehicle sales, which rose to a record last year, have continued the upbeat trend this year, rising to a new high for a January month. New vehicle registrations rose 11 percent to 11,667 in January from the year earlier month, according to the Lower Hutt-based Motor Industry Association. Sales of passenger vehicles increased 8.6 percent to 9,010 while commercial vehicle sales jumped 19 percent to 2,657, with both categories at records for a January month, the association said. Dem...