The strong rebound of new car registrations in March (New Zealand)

Posted by Ouafi K on 24 April 2014 | Comments

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A man talks to a car salesman (L) at a luxury car yard in Wellington September 23, 2009.

 

After a sharp dip in February, the numbers of new cars registered in New Zealand increased by 21.6 percent in March. This shows a coming back to the activity.

The number of new cars registered last month was 17.5 percent higher than the same month a year ago, data from the New Zealand Transport Agency showed.

Imported used-car registrations were up 11.9 percent on the previous month, and 35.2 percent higher than in March 2013.

25.9 is the percentage of the number of new commercial registrations from February. This rate was 19.6 last year at the same period.

The top-selling make of new cars registered for the month were Toyota, followed by Hyundai Motor Co, and Holden, a unit of General Motor.