April NZ new vehicle sales slow with start of financial year [Yahoo! Finance]
Toyota Motor Corporation (TM)
US:NYSE Investor Relations:
toyota-global.com/investors
Company Research
Source: Yahoo! Finance
At 9,238 registrations, April 2024 was 9.23% lower than April 2023. Year to date (YTD), 2024 was tracking 10.4% lower than 2023 at 43,166. The top three overall market leaders in April 2024 were: Toyota with 25.8% market share, Ford with (13.7%) and Mitsubishi with (10.3%). April registrations were light passenger 6,120, light commercial 2,521 and heavy commercial 597. The top three segments in April were SUV medium (26.5%), pick up/chassis cab (22.6%) and SUV compact (19.6%). Light passenger vehicles sales were 13.3% lower year on year and led by Toyota (27.2%), Kia (9.7%) and Mitsubishi (8.9%). Top selling models in April were the Toyota RAV4, 1,012 units, Suzuki Swift (257) and Mitsubishi Outlander (245). Commercial registrations of 3,118 were just 1 unit more than in April 2023. Year to date registrations were 10.2% higher. Ford retained the lead with a 35.9% market share followed by Toyota (28.5%) and Mitsubishi (16.1%). Top selling models were the Ford Ranger (8
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