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April New Vehicle Registrations Slow In Line With Start Of Financial Year

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.

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Continuation Of Softening In New Vehicle Registrations In March

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 .

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