New commercial vehicle sales hit a record for April - The National Business Review
New Zealand sales of new commercial vehicles hit a record for April amid strong demand from tradespeople and farmers. April registrations for new commercial vehicles rose 6 percent to 2,915, the highest level for the month on record, according to the Lower Hutt-based Motor Industry Association. Sales for the first four months of this year are 14 percent ahead of the same period last year and the strongest for the period on record, the MIA said. That is helping sales of new vehicles, which rose to a record last year. The top three best-selling models for April were all light commercial vehicles - the Ford Ranger, Toyota Hilux and Nissan Navara. A stronger New Zealand dollar, particularly against the Aussie, euro and yen, is helping lower the cost of new vehicles in local currency terms, Crawford said. Increased sales and promotional activity during April and May ahead of the June agricultural fieldays is also stoking sales of commercial vehicles to the agricultural and rural market. Source: www.nbr.co.nz
