NZ month-on-month car sales down 30%
February 5, 2009 by Matt Brogan
It seems our friends across the Tasman are also suffering with car sales down a total of 30 per cent as compared to this time last year.
Used import cars were down 14 per cent from December, and 42 per cent from January last year while the total new car sales figure for the month was only 5425 units.
The sales total for January were however up one per cent from December and it is expected that this figure will continue to rise, in the short term at least, as buyers rush to try and beat the anticipated price rise that will inevitably ensue as a result of the falling NZ dollar.
“Most manufacturers and importers have signalled multiple price rises throughout 2009, from a combination of weakened currency and overseas cost increases,” said MTA spokesman Andy Cuming.
“This means that the stock of new cars and used import cars in dealer showrooms at present represented the best opportunities for car buyers looking to beat the price rises”.
Used car imports have been falling since the middle of last year due to higher emissions standards being applied.
In January, Toyota had a market share of 19.6 per cent, Ford had 13.3 per cent, Holden had 12.9 per cent and Mazda 8.5 per cent.
Print it: 
*****PRIMO!*****
$6.66
NO country will be saved from the current downturn.
Anyway, these guys dont have a manufacture industry, just importers and a big jap-import market.
Another market leader to Toyota
Cheers
F-0
Car sales may be falling in NZ, but interest in sheep is at an all time high.
Baa^^
LOL
Post of the week!
Fuel card for you if i was giving them out
Cheers
F-0
car sales down in in-zed because they’re all over here!!
HAL^^
LOL, so true!Should boot them back, “we are full”
Another post of the week!
Fuel card for you if i was giving them out.
Cheers
F-0
The January ‘08-January ‘09 NZ downturn is exaggerated because in January ‘08 there were a huge number of rental cars registered by (mainly), guess who….? Toyota. But take this factor out and it’s still about 20% down, just like Australia.
Frugal One…. were you formerly known as Toyota Paul?
I’m wondering where the Japanese are soon going to off-load all their 2nd hand cars. With ever increasing emmissions no-one will accept them soon, that’s surely going to compromise their own market.
I only see Toytas market share increasing if folk are sticking with their current cars rather than buying new. They have better reliability, cheaper running costs and an avid if blinkered following.