NZ new vehicle sales slip 2% in February after ships turned away due to stink bugs

Sun, 04 Mar 2018

By Tina Morrison March 5 (BusinessDesk) - New Zealand new vehicle sales declined for the first month in more than two years in February as stock levels ran low after several cargo ships carrying vehicles from Japan were turned away on biosecurity grounds due to stink bug infestations, the Motor Industry Association said. Some 11,531 new vehicles were registered in February, down 2 percent from the 11,785 vehicles registered in February last year and marking the first annual monthly decline since May 2015, according to MIA data. Commercial...

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