UTE SALES SLUMP 40PC IN MAY
Published date | 22 June 2022 |
Publication title | Kapiti News |
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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