New motor vehicle sales declined further in April, but in line with the usual trend of a softer month for what is the start of the financial year for many, according to the Motor Industry Association’s Mark Stockdale.
Motor Industry Association Chief Executive Aimee Wiley says that continued soft demand in March is attributable to the wider economic slowdown New Zealand is currently facing. Higher interest rates to combat inflation have also dampened consumer .
Motor Industry Association Chief Executive Aimee Wiley says that new vehicle registrations remain soft in August at 9,808 units. The August result is 33.2% lower than August 2022, 28.7% lower than the monthly average for 2022 and 22.4% lower than the average .
Motor Industry Association Chief Executive Aimee Wiley says that May 2023 registrations of 13,354 held steady at just 0.1% (17 units) up on May 2022, noting that May 2022 registrations were lower than usual due to the introduction of Clean Car Discount .
The Motor Industry Association (MIA) welcomes some of Minister Wood’s announced changes to the Clean Car Discount (CCD) this morning, however we have significant concerns on several of the changes that will adversely impact the new vehicle sector. .