Press Release – Motor Industry Association Motor Industry Association Chief Executive David Crawford says that like some other sectors of the New Zealand economy, the new vehicle sector suffered from a case of Covid-19. Confirmed figures for December 2020 show registrations of 8,383 were 25% …
Motor Industry Association Chief Executive David Crawford says that like some other sectors of the New Zealand economy, the new vehicle sector suffered from a case of Covid-19. Confirmed figures for December 2020 show registrations of 8,383 were 25% under December 2019, with the total for the 2020 year of 119,398 registrations coming in at 23% under 2019, down 35,081 units for the year.
“Although the 2020 market was down 23%, the result is a better than anticipated back April when we were in the depths of the Covid-19 lockdown period, where we thought the market could be down as much as 35% by year end.”