HomeTeslaNew car registrations storm back with biggest August ever
New car registrations storm back with biggest August ever
September 4, 2022
After a weak July, new car registrations have risen again with the strongest month ever in August.
David Crawford of the Motor Industry Association says the record-breaking 14,690 registrations are largely due to the arrival of shipments enabling the backorders to be fulfilled, and that the month’s impressive number is a recent weakening market trend that has been taken over by rising costs of living. high fuel prices, continued restrictions on vehicle supply and a weakening New Zealand economy.
Registrations of 10,940 passenger cars and SUVs rose by a whopping 138.6% (6,355 units) in the same month last year – August 2021 was hit by Covid lockdowns – while registrations of 3,750 new commercial vehicles rose 73.5% (1,589 units). rose. month in 2021 and close to what they were before the introduction of Clean Car Discount rates.
Year-to-date, the market is now slightly ahead of last year, up 1.3% (1,396 units), with 2021 ultimately set to be the biggest year ever for new car registrations in New Zealand.
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The introduction of a new Ford Ranger has undoubtedly helped increase numbers for utes, with Ford once again claiming the overall top spot for the month, selling 934 units of the new model. Although Toyota’s Hilux was a very close second (897 units) and the Tesla Model 3 in third place overall with 745 units registered.
August was a remarkably strong month for electric vehicle registrations, with 2,560 units going to new owners. The best-selling EVs for August were the Tesla Model 3 (745 units), followed by the Tesla Model Y (581 units) and the BYD Atto 3 (448 units).
Plug-in hybrid registrations remained stable with 627 units registered for the month. The best-selling models were the Mitsubishi Eclipse Cross (198 units), followed by the Mitsubishi Outlander (191 units) and then the MG HS (98 units). Meanwhile, 1,626 hybrids were registered, led by the Toyota RAV4 (342 units) ahead of the Kia Niro (166 units) and the Toyota Highlander (154 units).
The best-selling passenger and SUV models for the month were the Tesla Model 3 (745 units), followed by the Mitsubishi Outlander (677 units) and then the Tesla Model Y (581 units), marking the return of the Model 3 in the top ten is highlighted. bestsellers to date.