BMI View: Attractive auto financing rates continue to outweigh what is a fairly mixed economic outlook.
We have revised up our forecast to 5.4% growth for the total sector in 2016, as commercial vehicles heavily
outperform passenger cars.
? A sig ..."
BMI View: The combination of a slowing economy and a weakening dollar will lead to a slowdown in
growth in New Zealand's new vehicle market.
? We maintain our forecast for 3.5% growth in total vehicle sales for 2016, supported by Q116 growth of
BMI View: We continue to believe that a combination of a slowing agricultural sector and a weakening
New Zealand dollar will lead to a slight slowdown in New Zealand's new vehicle sales market in 2016. We
are targeting 3.5% sales growth for the sector as a whole in 20 ..."
BMI View: A slowing agricultural sector and a weakening NZD will lead to a slight reduction in the annual
rate of new vehicle sales growth for New Zealand in 2016. We are targeting 3.8% sales growth for the
sector as a whole, with passenger cars set to outperform comm ..."
New Zealand auto sales continue to power ahead, in line with BMI's optimistic stance towards the local
sales market. Looking at sales trends for Q115, a total of 33,276 new vehicles were sold in New Zealand,
representing an increase of 7.8% year-on-year (y-o-y), accor ..."
In 2014, there were a total of 127,179 new vehicles sold in New Zealand, representing an increase of 12%
y-o-y, according to figures from New Zealand's Motor Industry Association (MIA). This represented the
best-ever year for new vehicle sales in New Zealand and bears ..."
New Zealand's new vehicle sales market continues to strengthen. Over 9M14, total of 66,789 new passenger
cars and sports utility vehicles (SUVs) were sold, plus a further 27,694 commercial vehicles (CVs), to
produce a total new vehicle sales market total of 94,559 uni ..."
New Zealand new vehicle sales have performed strongly across H114. A total of 44,326 new passenger cars
were sold over the Jan-Jun period, plus a further 17,887 commercial vehicles (CVs), to produce a total new
vehicle sales market total of 62,213 units, according to ..."