June 2023 have set the biggest month on record for new vehicle sales in New Zealand. According to the Motor Industry Association (MIA), 23,560 new vehicle were sold this month which is 95.5% higher than June 2022 and 2,556 units higher than the previous biggest month, March 2022 (21,004 registrations).
What these record months have in common, is clean car policy change,” said MIA Chief Executive Aimee Wiley.
“In March 2022, people rushed to register vehicles to avoid the introduction of Clean Car Discount fees and we can see this repeated in June 2023, to avoid increasing fees or reducing rebates from 1 July onwards,” she adds.
Market Leaders
Toyota was the overall market lead for the month of June with 22.7% market share (5,343 units), followed by Mitsubishi with 12.3% (2,903 units) and Kia with 8.2% market share (1927 units).
BEVs, PHEVs, and Hybrids
There were 2,599 light passenger vehicle BEVs (up 91% on average monthly YTD) and 23 light commercial plus 21 heavy commercial vehicle BEVs registered in June. The top models were the Tesla Model Y (765 units), BYD Atto 3 (440 units) followed by the MG ZS (260 units). BEV’s made up 15% of the light passenger segment in June.
There were 1,318 PHEV’s registered for the month of June (up 148% on average monthly YTD). The top models were the Mitsubishi Eclipse Cross (498 units) followed by the Mitsubishi Outlander (257 units) and the Kia Niro (135 units). PHEV’s made up 7.6% of the light passenger segment in June.
Registrations of hybrid vehicles (HEVs) were 4,279 units for June (up 111% on average monthly YTD). The top models were the Toyota RAV4 (983 units), followed by the Toyota C-HR (261 units) and the Kia Niro (246 units). Hybrid vehicles made up 24.7% of the light passenger segment in June.
SUV and Passenger Vehicles
Toyota retained the market lead for passenger and SUV registrations in June with 18.4% market share (3,187 units) followed by Kia with 11.1% (1,927 units) and then Mitsubishi with 10.9% market share (1,892 units).
The top selling passenger and SUV models for the month were the Toyota RAV4 (1,496 units) followed by the Tesla Model Y (765 units) and the MG ZS (624 units).
Commercial Vehicles
For the month of June, Toyota took the market lead with 34.4% market share (2,156 units) followed by Ford with 18% (1,128 units) and Mitsubishi third with 16.1% market share (1,011 units).
The top models for the month of June were the Toyota Hilux (1,703 units), followed by the Mitsubishi Triton (1,011 units) and Ford Ranger (975 units).
Segmentation
The tops spots were the SUV medium segment (26% share) and SUV compact segment (23% share) followed by Pick Up/Chassis 4×4 segment with 15% market share.
The small to medium segments comprised 60% of the total market.
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