The TrusTed voice of The auTo indusTry for more Than 30 years
www.autofile.co.nz
June 2017
IMVIA looking towards the future The Imported Motor Vehicle Industry Association (IMVIA) highlighted a significant jump in strategic activity at its recent AGM
T
he recent Annual General the opportunities to sell newer, where a good income stream came Meetings (AGM) were more modern vehicles. through for the IMVIA,” says Vinsen. held over the 30-31 May Although the year was positive Although the senior in Christchurch and Auckland for in terms of sales and the economy management team at the IMVIA both the North and South Island has remained very buoyant, the had planned for certification to chapters. IMVIA posted a loss for the financial abate slowly, it was not expected During the AGMs, Chief year. Vinsen explained that this was that the levels would decrease at Executive David Vinsen thanked mainly attributed to a decreased such a pace. To get the financial members and key sponsors for income from technical services as records back on track, Vinsen says their support, and spoke in the team has spent quite detail about the challenges a lot of time working facing the industry. In out how to address the particular, he mentioned deficit. “This year we have the record year where a prepared a budget which huge number of cars and also shows a deficit, but we commercial vehicles were believe we can trim that registered. up and work on a strategy The number of vehicles going forward,” Vinsen says. for the calendar year of Vinsen provided 2016 totalled 303,000. This updates on the more David Vinsen highlighting key topics at the IMVIA AGM included 160,000 used immediate issues that the and 143,000 new vehicles. Of the numbers of vehicles requiring Association had dealt with during particular note, was the amount certificates were reduced. “We the year. of vehicles which exited the fleet. set the budget last year based on For the past two years, During the year, 175,000 vehicles what we thought were realistic IMVIA has also been assisting were deregistered and scrapped. assumptions based on trends but with setting up the Australian According to the annual report, it is two things happened. The number Imported Motor Vehicle Industry the total number of vehicles exiting of vehicles increased, and the Association (AIMVIA). During the feet that materially affects the number of vehicles that required this time, the IMVIA provided average age of the fleet, and also certification reduced - which is governance, leadership, advice
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