Autofile, June 19: out now

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The trusted voice of the auto industry for more than 25 years www.autofile.co.nz

Issue 11-2014 19 Jun 2014

Record immigration boosts vehicle sales

In this issue

mmigrants are continuing to pour into the country and this – along with the general lift in the economy – could cause a substantial increase in sales for car dealers. Statistics New Zealand reports April recorded the second-highest ever seasonally adjusted net gain of 4,100 migrants. Using calculations based on the size of New Zealand’s lightvehicle fleet and population, estimates by Autofile show 7,148 additional passenger vehicle sales may have been attributable to

p 17 Land-speed record bid

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population growth for the first four months of this year alone. In that period and on a seasonally adjusted basis, New Zealand experienced net migration of 14,500. This additional population gain means businesses should benefit proportionally where these migrants settle. Major centres, such as Auckland and Christchurch, are likely to see most sales gains from these newcomers. If the trends continue, then 2,500 light-vehicle sales may be directly attributed to increased

migration every month of 2014. That’s 30,000 units or a 13.7 per cent estimated increase based on sales of all first-time registered vehicles – new and used – in 2013. For the first four months of 2014 across all segments, new and used passenger and light commercial sales are up 21.86 per cent compared to the same period last year. At the end of last year, there were 3,112,192 light passenger vehicles in New Zealand’s fleet and a population of 4,433,000, which equates to 702 vehicles for every 1,000 people.

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Industry Association says mandatory electronic stability control can be introduced without severely limiting access to compliant stock overseas. It’s also consulting with officials about accelerating the exit of older and less-safe vehicles from the fleet. Chief executive David Vinsen says the final phase of the Vehicle

Exhaust Emissions Rule from January 2012 is now working through the system, which is allowing access to greater numbers of compliant used imports. For Vinsen’s views on this year’s volumes of used imports and unsold stock levels, turn to page 27.

ACCESSORY BUNDLING CREATE AN EXCLUSIVE MODEL FOR YOUR BRAND VIEW VIDEO

p 14 Audi launches academy p 15 XFR-S gets in 300 Club p 16 Changes to COF regime

p 19 Business sale ruled out

Specialised Protecta Training is Proven See page 17

[continued on page 4]

Issues for supply and stock he type of used cars that can be imported and the fleet’s make-up may be affected by future government policies. It’s thought no new issues are likely to impact on the trade in the near future, but there is ongoing policy work in safety and environmental areas. The Imported Motor Vehicle

p 8 Guide to legal changes

MORE SALES MORE PROFIT CUSTOMERS FOR LIFE

WWW.DEALERSHIPEDITIONS.CO.NZ

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Lightweight materials boost peformance

Retro Vehicle Enhancement

www.rve.co.nz 0800 RETRO 4 U Driving Solutions


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