Registrations were down 11% in August but up 5% YTD. While sales are crumbing across the Tasman Sea, they are holding up well here but maybe the slowdown is arriving albeit at a later time. The anticipated softening of the market may be commencing but it's too early to say.
Toyota increased its share beyond 20%, still some way short of 2022 but a tidy gain on 2023's poor showing. Ford remains strong with the Ranger pick up and Everest SUV being the backbone of the brand's success here. Mitsubishi and Nissan have had a good time as is Isuzu with its two model line up.
The Toyota RAV4 was the best selling vehicle in August and second for the eight months so far. YTD the leading models are the Ford Ranger (43,877), Toyota RAV4 (38,050), Toyota Hilux (37,758), Isuzu D-Max (20,737) and Mitsubishi Outlander (18,741). Three of the top four are pick ups. The Ranger has finally brought the Hilux to heel, something the Ranger did several years ago in New Zealand.
Data source: Vfacts.
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