New Zealand reported a total of 14,878 new vehicle registrations for the month of September 2022 showing a 9.9 percent decline compared to the same time last year. Overall, the market is down 0.2% compared to the first nine months of 2021.
Despite this softening of the market, sales of the battery electric vehicles (BEVs) have bolstered new car registrations in NZ according to the Motor Industries Association (MIA).
Best Selling Models
This is made evident by the Tesla Model Y taking the top spot as the month’s best-selling model with 1502 units sold. This is followed by the For Ranger (1943 units registered), and then by the Toyota HiLux in the third place with 989 units sold.
Market Leaders
The leading brand for new registrations in September was Toyota with 2668 units sold for a market share of 18 percent. This is followed by Mitsubishi with 2094 units sold or 14 percent market share, and then by Tesla with 1554 units sold for a market share of 10 percent.
Leading Segments
In terms of market segment, the medium sports utility vehicle (SUV) segment was in the top spot with 29 percent market share. This is followed by compact SUVs with 21 percent market share and then by the four-wheel drive segment with 14 percent market share.
EV Sales
Overall, 2400 fully electric vehicles, of this, 2355 are passenger BEVs, 45 are light commercial BEVs, 18 are commercial BEVs. As mentioned above, the Tesla Model Y lead this month. This is followed by the BYD ATTO 3 (221 units) and the MG ZS (178 units).
There are 491 plug-in hybrids registered for the month led by the Mitsubishi Eclipse Cross (167 units) followed by the Mitsubishi Outlander (138 units) and then the Hyundai Ioniq (41 units).
Meanwhile, 1674 mild hybrids were registered for the month led by the Toyota RAV4 (246 units) followed by the Toyota Yaris Cross (184 units) and the Hyundai Ioniq (150 units).
SUV and Passenger Vehicle Sales
According to the MIA, there were 10,601 SUVs and passenger cars in September (down 10.7 percent from the same month last year. Leading the SUV and passenger vehicle market for the month is Mitsubishi with 16 percent market share (1649 units sold), followed by Tesla at 15 percent market share (1554), and Toyota with 14 percent market share (1509 units).
The top-selling SUV and passenger models for the month were the Tesla Model Y (1502 units) followed by the Mitsubishi Outlander (867 units) and Mitsubishi ASX (410 units).
Light Commercial Sales
For the light commercial market, there were 4278 registrations, down 7.9 per cent (or 366 units) from September last year.
Toyota led the sector with 27% market share (1159 units) followed by Ford with 25% (1063 units) and Mitsubishi in third with 10% market share (445 units).
Meanwhile, the best-selling bestselling commercial model is the Ford Ranger with 24% share (1,043 units) followed by the Toyota Hilux with 23% share (989 units) and the Mitsubishi Triton in third place with 9% market share (379 units).
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