The New Zealand Motor Industry Association said March 2020 registration fell 37.3% YoY with 8,317 new vehicles registered compared with sales of 13,271 March 2019.
“March has slowed due to supply constraints from closing factories around the world and then stopped when warning Covid-19 level 4 was applied. This year the market fell 15.6%,” MIA said.
“The prospect of registration during April remains bleak with the warning from Covid-19 level 4 [lockdown] planned to be in place for most of the trading month. “
Registering 5,416 passengers and SUVs for March 2020 down 35.7% (3,009 units) in volume 2019.
Pure electric vehicles bucked the trend and rose slightly with 144 units sold in February with PHEV down to 58 units and 511 hybrids sold.
Commercial vehicle registration, which has tended to fall over the previous five months, has fallen by 40%.
The top model in March was the Ford Ranger (444 units), followed by the Toyota Hilux (435) and Holden Colorado (370).
Toyota remains the overall market leader with 18% market share (1,515 units), followed by Holden with 10% (835) and Mitsubishi with 8% (694).
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