Wednesday, August 3, 2016

Vehicle sales in New Zealand are on the up, following a series of monthly gains.

Registrations of new vehicles rose 12% to just over 11,000 units in July.

The New Zealand Motor Industry Association is signalling a new annual record may be set this year due to an economy buoyed by low interest rates and record migration.

Chief executive David Crawford says the association expects annual sales to soften in line with slower growth in the domestic economy.

Items for sale in Dunedin