Trader tally best of past year
The number of dealers in New Zealand has increased for the fourth month in a row and totalled 2,623 at the end of August, according to figures from the Motor Vehicle Traders Register (MVTR).
Last month’s tally increased by 15 from the 2,608 registered traders in July and rose by 16 from the same month of last year.
It is also the highest monthly figure for the automotive sector since July last year, when there were 2,631 dealers on the register.
Since reaching a peak of 3,536 in November 2017, the number of traders has largely been in decline.
The MVTR holds essential information about registered traders and their businesses. It is operated by Occupational Regulation, which is part of the market integrity branch of the Ministry of Business, Innovation and Employment.