New Zealand August 2024: Volkswagen (+42.9%), Mitsubishi (+24.6%) highlight stable market
VW Amarok
The New Zealand new vehicle market edges up 2.1% year-on-year in August to 9,990 sales. This is to be compared with 14,662 in August 2022. The year-to-date tally is off a daunting -18.7% to 82,067. In August, Passenger Cars are up 6.6% to 1,412, SUVs down -5.4% to 5,327 and Light Commercials up 24.7% to 2,586. Year-to-date, Passenger Cars sink -33.5% to 10,183, SUVs fall -24.5% to 42,887 and Light Commercials gain 0.5% to 23,695.
In the brands charts, the Top 2 best-seller frankly underperform: Toyota is down -14.8% to 20.8% share vs. 21.4% so far this year and Ford drops -17.7% to 11.9% share vs. 13.7% YTD. In contrast Mitsubishi surges 24.6% but its market share remains well below its YTD level at 9.9% vs .11.2%. Volkswagen (+42.9%), Hyundai (+19.3%) and Suzuki (+17.1%) shine further down.
Model-wise, the Ford Ranger (-1.9%) easily keeps the lead of the charts with 8.3% share, distancing the Toyota Hilux (+47.7%) rallying back up to 6.9% share vs. 6.1% year-to-date. Unlike in neighbouring Australia, the Toyota RAV4 (-30%) is in great difficulty this month. The Kia Seltos (+43.9%) repeats at #4 ahead of the Mitsubishi ASX and Triton (+82.4%). The Suzuki Swift (+20.1%) and Toyota Yaris Cross (+18%) also impress in the remainder of the Top 10.
Previous month: New Zealand July 2024: Market rallies back up 52.6%
One year ago: New Zealand August 2023: Ford, Nissan again defy freefalling market (-33.1%)
Full August 2024 Top 71 All brands and Top 20 models below.
New Zealand August 2024 – brands:
PosBrandAug-24%/23Jul2024%/23PosFY231Toyota2,07720.8%– 14.8%117,55021.4%– 15.2%112Ford 1,18711.9%– 17.7%211,22813.7%+ 2.1%223Mitsubishi9929.9%+ 24.6%39,16011.2%– 2.9%334Kia8448.4%+ 5.1%45,6506.9%– 27.0%445Suzuki4514.5%+ 17.1%53,7524.6%– 27.4%566Hyundai3643.6%+ 19.3%92,7873.4%– 50.6%757Volkswagen3303.3%+ 42.9%82,2182.7%– 21.4%9118Nissan3293.3%– 11.6%73,0753.7%– 5.3%699Mazda3273.3%+ 7.2%62,4443.0%– 19.4%81010MG2983.0%+ 4.2%131,8752.3%– 44.2%13711Honda2822.8%+ 54.9%111,9982.4%– 18.3%111312Mercedes2462.5%– 2.0%141,5271.9%– 5.3%141413GWM2372.4%+ 1216.7%102,1042.6%+ 596.7%102514Isuzu1972.0%+ 28.8%121,9082.3%+ 4.5%121515Skoda1371.4%+ 93.0%227490.9%– 39.8%211816Subaru1331.3%+ 6.4%151,2561.5%– 20.2%151617Tesla1331.3%+ 27.9%208591.0%– 70.1%17818BYD1081.1%– 17.6%185320.6%– 73.9%231219Lexus860.9%– 11.3%198531.0%– 1.7%182120Audi850.9%+ 19.7%237530.9%– 16.4%202021Fuso840.8%– 9.7%266780.8%– 19.2%222222BMW820.8%– 46.1%169671.2%– 17.8%161923Land Rover780.8%– 21.2%217871.0%– 11.9%192324Scania670.7%– 10.7%304440.5%+ 3.7%263025SsangYong/KGM620.6%+ 138.5%283140.4%– 20.9%313526LDV580.6%+ 114.8%255200.6%– 39.7%252427Peugeot530.5%– 7.0%244050.5%– 41.0%282628Hino510.5%– 33.8%273900.5%– 27.4%292829Volvo Trucks500.5%+ 117.4%292740.3%+ 29.9%344130Fiat480.5%+ 50.0%314220.5%+ 37.9%272931Mini400.4%+ 53.8%175240.6%– 6.3%242732Renault400.4%+ 1233.3%361870.2%– 31.0%403933Omoda370.4%new332580.3%new35 –34Porsche360.4%+ 350.0%323600.4%+ 13.2%303635Volvo330.3%– 31.3%392750.3%– 39.0%333236Iveco320.3%– 54.9%412410.3%– 34.3%363137Cupra270.3%+ 145.5%422050.2%– 17.0%373738Mahindra240.2%+ 100.0%373110.4%+ 31.2%324239Jeep240.2%– 35.1%351660.2%– 39.0%433440Jaecoo240.2%new34750.1%new48 –41Polestar230.2%+ 15.0%48790.1%– 73.8%473342Ram220.2%+ 15.8%431800.2%– 12.6%424343Kenworth210.2%– 12.5%401940.2%+ 59.0%394644DAF180.2%– 5.3%452000.2%+ 17.6%384445UD Trucks120.1%– 68.4%461430.2%– 35.9%444046Foton120.1%+ 0.0%441100.1%– 16.7%464947Chevrolet110.1%– 35.3%381840.2%+ 15.7%414548Jaguar100.1%– 16.7%491380.2%+ 10.4%454849Opel60.1%– 76.0%47530.1%– 74.6%523850Sinotruk60.1%+ 200.0%63310.0%+ 121.4%566551MAN50.1%– 44.4%56430.1%– 60.9%555052Mack50.1%– 28.6%58240.0%– 35.1%615753Alfa Romeo40.0%– 42.9%55570.1%+ 46.2%505154Lamborghini40.0%+ 300.0%51260.0%+ 30.0%596355Citroen30.0%– 50.0%53430.1%– 65.3%534756Lotus30.0%+ 50.0% –150.0%– 37.5%656157Yamaha30.0%+ 200.0% –150.0%– 11.8%666258Haval20.0%– 96.4%50620.1%– 96.6%491759CRRC20.0%– 91.3% –530.1%+ 26.2%515860Ferrari20.0%– 75.0% –270.0%– 20.6%586061Maserati20.0%– 50.0%54260.0%– 44.7%605362Can-Am20.0%– 71.4%64170.0%– 39.3%645963Ineos10.0%– 88.9%52430.1%+ 13.2%545264Bentley10.0%– 83.3% –220.0%– 35.3%625565McLaren10.0%n/a6080.0%+ 166.7%687366Freightliner10.0%n/a6160.0%– 25.0%736967Western Star10.0%+ 0.0% –50.0%– 66.7%746668Zhongtong10.0%n/a –50.0%n/a75 –69BCI10.0%+ 0.0% –30.0%– 25.0%777070Xpeng10.0%new –20.0%new81 –71Sany10.0%n/a –10.0%+ 0.0%8583
New Zealand August 2024 – models:
PosModelAug-24%/23Jul2024%/23PosFY231Ford Ranger 8268.3%– 1.9%17,8039.5%+ 8.0%112Toyota Hilux6876.9%+ 47.7%25,0446.1%– 20.1%333Toyota RAV45415.4%– 30.0%35,1376.3%+ 0.4%224Kia Seltos3083.1%+ 43.9%42,0052.4%+ 50.3%7225Mitsubishi ASX2862.9%n/a52,2772.8%n/a5n/a6Mitsubishi Triton2792.8%+ 82.4%73,2744.0%+ 21.8%4107Suzuki Swift2572.6%+ 20.1%61,9502.4%– 33.3%868Mitsubishi Outlander2212.2%– 31.2%82,1642.6%– 7.8%649Toyota Yaris Cross1901.9%+ 18.0%n/a8581.0%n/a221110Kia Sportage1781.8%n/a131,1101.4%n/a13n/a11Kia Stonic1691.7%– 12.0%n/a1,2041.5%– 14.1%122112Mitsubishi Eclipse Cross1541.5%– 33.9%171,0821.3%– 56.5%14713Nissan Navara1421.4%+ 82.1%91,4091.7%+ 45.1%9n/a14Toyota Yaris1361.4%– 13.4%n/an/an/an/an/an/a15Honda HR-V1261.3%n/an/an/an/an/an/an/a16Mazda CX-51231.2%+ 4.2%141,0121.2%– 17.2%172317MG ZS1191.2%– 11.9%n/a1,0341.3%– 58.1%16918MG 31191.2%n/a22n/an/an/an/an/a19Toyota Highlander1181.2%– 35.2%169991.2%n/a18n/a20Ford Transit1051.1%+ 50.0%191,0461.3%+ 58.2%15n/an/aToyota Hiace1031.0%– 32.2%101,2991.6%+ 1.0%1018n/aIsuzu D-Max1021.0%+ 148.8%119911.2%+ 12.5%19n/an/aMercedes Sprinter930.9%– 5.1%n/an/an/an/an/an/an/aToyota Corolla900.9%– 47.7%128621.1%– 26.5%2112n/aFord Everest790.8%– 65.0%151,2801.6%n/a1119n/aToyota Corolla Cross380.4%n/an/a8931.1%n/a2017
Source: MIA
