Automotive Market in New Zealand

The automotive industry in New Zealand has the world’s highest car ownership ratios. The distributors of new cars are essentially the former owners of the assembly businesses. At the dealership level, they have maintained their old retail chains despite the establishment of many new independent built companies since the 1980s by specialists in used imports from Japan.

Overview

Toyota and Ford dominate the new vehicle market. Still, there were more new Mazda cars than Holden cars sold in 2018, while Ford and Nissan cars were no longer among the volume sellers. The nation’s car fleet is somewhat older than in most developed countries, and the used vehicles from Japan continue to arrive in such large numbers. The market is expected to grow at a significant CAGR between 2023 and 2030.

Popular Car Brands

According to a recent report by Canstar, the top-selling car brands in New Zealand are Japanese, with Toyota and Mitsubishi sharing roughly a third of the market. The following are the top 10 best-selling cars in the country as of August 2023:

1   Toyota RAV4

2   Tesla Model 3

3   Mazda CX-5

4   Kia Sportage

5   Mitsubishi Outlander

6   Kia Seltos

7   Ford Ranger

8   BYD Atto 3

9   Mitsubishi Triton

10 Mazda CX-30

Auto Shows in New Zealand

There are several auto shows and car exhibitions in New Zealand. One of the biggest is the Starship Supercar Show. This event is held in Auckland. It is considered New Zealand’s biggest supercar show and features an impressive gathering of high-performance and luxury machinery.

There are also other shows, such as the Ellerslie Intermarque Concours and Classic Car Show, which is sponsored by the New Zealand Classic Car Magazine. It is held in Auckland, and the next event is scheduled for February 8, 2024.

According to a report by Research and Markets, the market will continue its growth in the coming years. Grow with the trend together. You can start by transforming your car with a TeckWrap vinyl wrap film and stand out as a leader in the field. Contact our regional distributor today and bring ideas to life.