NZ vehicle sales continue to strengthen on economic optimism, more sales to tradies and farmers

Tue, 10 Oct 2017

By Sophie Boot Oct. 11 (BusinessDesk) - Local vehicle sales are continuing to reach record highs, despite expectations for a slowdown during the election and post-election uncertainty, with cheap credit and economic confidence buoying the market. Sales data from the Motor Industry Association last week showed motor vehicle registrations in the first nine months of this year are 10 percent ahead of the same period last year at 118,256, suggesting vehicle sales may be heading for a fourth straight annual record this year as the economy is b...

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