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New truck registrations continued on a positive path in February, with registrations ahead of pre-Covid records.
The February performance of the truck segment is a marked contrast to the overall new vehicle market which experienced a downturn largely attributed to the widespread disruption caused by Cyclone Gabrielle.
Total registrations of 9,541 new vehicles for February were 23.7% down (2,960 units) on February 2022, and it was the lowest month of February since 2014.
According to NZTA provisional data, 476 new truck (with a GVM of 4.5 tonnes-plus) registrations in February is a 4.6% increase on the 455 sales in February 2022, and an increase of 22.3%... ...






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