UTE SALES SLUMP 40PC IN MAY

Published date22 June 2022
Publication titleKapiti News
Overall, sales of 13,337 were down 8.4 per cent on May 2021. However, registrations of 10,575 passenger cars and SUVs were up 5.6 per cent on the month last year and actually marked the strongest May on record

The continuing slump in light commercials (a market dominated by utes) accounted for the overall drop: registrations of 2762 were down a whopping 39.2 per cent on 2021 and are “likely to remain subdued in coming months due to the effect of clean car taxes,” says Crawford. “With high fuel prices, increasing costs of living and higher interest rates, sales of new vehicles are expected to progressively soften.”

However, a ute still topped the charts for May: the Toyota Hilux was number one with 942 registrations, followed by the Toyota RAV4 (923) and Mitsubshi Outlander (824).

There were 1391 plug-in vehicles registered in...

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