New Zealand Company Vehicle

Growth for the vehicle sector

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2017 is off to a rip-roaring star t. David Crawford, Chief Executive Officer of the Motor Industry Associatio­n says “Registrati­on data for February shows growth in the new vehicle sector continues as expected. Monthly registrati­ons of 11785 vehicles is the strongest February on record and is up 14.3 percent (1472 units) on February 2016.” This adds to the best ever January month up 9.5 percent over 2016 to give the strongest ever star t to a new sales year. For the month of February 2017, passenger car and SUV registrati­ons of 8052 units were up 12percent (860 units) on February 2016. Commercial vehicle registrati­ons of 3733 units were up 19.6 percent on February 2016

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