NZ new vehicle sales hit 32-year high in August, headed for annual record
By Tina Morrison Sept. 5 (BusinessDesk) - New Zealand new vehicle sales rose to a 32-year high in August, with continued monthly gains signalling a new record is likely to be set this year. Registrations of new vehicles rose 13 percent to 12,677 in August from the year-earl...
Nuplex says Allnex takeover given European antitrust approval; shares to delist
By Tina Morrison Sept. 2 (BusinessDesk) - Nuplex Industries confirmed its takeover by Allnex Belguim SA had received antitrust clearance from the European Commission, paving the way for its transfer into the hands of the private-equity backed Belgian company to create one of t...
Turners extends 3-year contract to sell Custom Fleet ex-lease vehicles
By Tina Morrison Sept. 1 (BusinessDesk) - Turners, the financial services firm, extended its contract with Custom Fleet for a further three years to manage the sale of former lease vehicles of New Zealand's largest vehicle and equipment leasing company. The agreement extend...
NZ residential building consents slip 11% in July, after spike in June
By Tina Morrison Aug. 30 (BusinessDesk) - New Zealand residential building consents fell 11 percent in July, partly reversing a spike higher in June due to applications for retirement villages and multi-unit dwellings. Seasonally adjusted dwelling consents slipped to 2,629 ...
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