June new vehicle sales maintain the momentum

3 July 2007

June new vehicle sales maintain the momentum

2007 is proving to be a virtual mirror image of 2006 with regard to new vehicle sales. New car sales for the month of June reached 6399, seven units ahead of June 2006 and 55 units up on May. 2552 new commercial vehicles found owners in June, just 47 fewer than in June last year, but 501 ahead of May.

Year to date, with half the year gone, new car sales reached 37005, 0.3% down on the first half of 2006, and new commercial vehicle sales, at 12170, were 0.4% down on the same period last year.

“It continues to be a healthy market for new vehicles, particularly when measured in historical terms,” said Perry Kerr, CEO of the Motor Industry Association. “This is the fourth successive year in which the market will reach around 100,000 units.”

Toyota is maintaining market share similar to that of last year and in doing so is stretching their lead over Ford and Holden. From the sales tables so far a changing market is evident and we see a number of brands that are increasing their market share over 2006. These include Honda, Mazda, Hyundai and Suzuki.

Commodore continues to be New Zealand’s top selling model for both the month and year to date. Corolla remains in second place with Falcon third.

ENDS

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