October car sales up slightly

AutoTrader NZ
Published 3 September 2020

October sales figures for new passenger cars showed that 5680 were registered, the highest month recorded in 2009.

October’s passenger sales were up fractionally by 1.6% on September, though were still down 24.1% on the same month a year ago.

Commercial vehicle sales took a drop in October, with 1218 registrations, down 16.2% on September.

“ While we are satisfied that the new car market appears to be holding showing a minimal increase in passenger car sales from September to October, we are still cautious about prospects for the remained of the year and are taking a taking a slow but steady approach ” says Kerr.

“The October sales results were to be expected and still remain within the industry’s projections. The end of 2008 saw the start of a drop in sales, we anticipate year end numbers to be inline with those results.”

Toyota continues as market leader with Holden and Ford rounding out the top three marques in the new passenger vehicle sector. Toyota also topped the commercial vehicle sales followed by Ford and Nissan. Year to date, Toyota still leads with overall total market share of 21.35%, followed by Ford with 12.38% and Holden with 9.43%.

October saw the Toyota Corolla as the top selling passenger model, followed by the Holden Commodore and in third place the Ford Falcon. Year to date figures show the Toyota Corolla still continues as the country’s best-selling model with sales of 4145 units sold, ahead of the Holden Commodore with 2539 units and the Suzuki Swift with 1969 units.