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The trusted voice of the auto industry for more than 25 years www.autofile.co.nz Issue 1-2016 14 January 2016 Squeeze on car dealers fuels decrease in prices M argins in the automotive industry have become tighter making business even more competitive, according to KPMG. The company says the effects of this are being felt across the market – from sales of new and used cars, to finance, insurance and leasing – with the main winner being the consumer. Its latest non-bank financial institutions performance survey reports that motor-vehicle traders and lenders are operating under increasing pressures. John Kensington, KPMG’s head of financial services, says its survey of 23 companies highlights dealers’ overall margins as being eroded by high sales targets set by manufacturers and “the need to cut margins to get the last few sales away”. They also report marques are placing “very high expectations on brand retailers” and “setting high targets before any rebates can be achieved”. Kensington says the flow-on effects include dealerships being forced to pre-register units, and build inventory funded by banks and non-bank lenders. But, at the same time, dealers’ profits have become “depressed when target vehicles must be sold”. “Dealers are starting to see low margins become even lower,” says Kensington. “This increased need to sell vehicles to get rebates is also driving down the price of second-hand vehicles. “As a result, finance income, insurance, warranties and servicing play increasing roles in their overall margins. “Anecdotally, we’ve also heard that although the number of vehicles registered has increased, a large proportion In this issue p7 Industry records smashed p9 Honoured on new year list p10 Los Angeles Auto Show p12 Profile on Euan Philpot p16 Future transport debate p26 Used imports hit 100k Specialised training that’s proven to increase profits [continued on page 4] Rise in fair-trading complaints C omplaints lodged with the Commerce Commission have jumped since reforms to laws have been introduced with the motor-vehicle industry in the top three for most criticised about the Fair Trading Act (FTA). It received 4,377 representations about the act concerning 1,860 businesses with 25 per cent relating to 24 traders, according to its Consumer Issues 2015 report. Online trading generated 33 per cent of all complaints lodged despite accounting for only a small percentage of sales with its total twice those generated by buyers visiting business outlets. The three industries attracting the most complaints were telecommunication service providers, and suppliers of domestic appliances, electronics and phones – both on 10 per cent – followed by car dealers with six per cent. Legislative changes that came into effect in June 2014 included online businesses having to declare they are “in trade” to ensure buyers are aware of their rights under the Consumer Guarantees Act (CGA) and FTA. Retailers have to now compare Sport mode boosts response [continued on page 8] GLOBAL VEHICLE LOGISTICS NZ - JAPAN - AUSTRALIA - UK - EUROPE p15 global freight & logistics Jacanna offers a professional service with a wealth of knowledge and expertise in logistics, warehousing and distribution across all commodities. With options to move cargo by SEA, AIR or LAND through a worldwide network of agents Vehicle Shipping General Freight Vehicle Tracking Shipping Schedule We are specialists in transporting and exporting all types of Vehicles, Commercial trucks, vehicles of Special Interest and other RORO Heavy Cargo & Machinery. We have developed a worldwide network of Agents who understand the commitment required to service our demanding market. Finding out where your vehicle is at any one time of the process, gives you the ability to manage the collection and processing of documents and payment on time. TRS and shipping services from Japan to New Zealand. Load it » Ship it » Track it » Clear it » Deliver it www.jacanna.co.nz Tel. +64 9 838 4944 editor’s note Call Steve Owens now on 021 947 752 Controversies set to rumble on L ast year was eventful for the industry with the Volkswagen Group’s admission to rigging emissions tests topping the scandals ladder. News the company installed defeat devices in about 11 million diesel engines broke in September. It now faces regulators’ wrath as it tries to cope with the problems, which will dominate 2016’s headlines. The fiasco meant chief executive Martin Winterkorn lost his job, while settlement costs are expected to run into tens of billions of dollars. The massive dent to VW’s reputation hints at what’s likely to be its biggest long-term issue – a tarnished image in the minds of consumers – while its previously stated bid to sell more than 10 million cars globally a year is in tatters. And while rivals are increasing their investment in autonomous driving and other technologies, VW is cutting capital spending by about NZ$1.6 billion per annum with aftershocks to include its admission of fudging fuel-economy figures. The emissions debacle wasn’t the only cock-up of 2015 with Sergio Marchionne creating a storm. The boss of Fiat Chrysler Automobiles (FCA) published a report in April that covered low returns on capital invested in the industry. His solution was joint production of some components, such as four-cylinder engines, and – more controversially – mergers. Marchionne wanted FCA and General Motors to join forces. The latter knocked him back and it seemed possible he might attempt a takeover. However, in early December, he said: “At the moment, we have no intention to do anything hostile.” The saga must rank as the oddest corporate marriage proposal ever. It wasn’t made in hush-hush meetings at hotels or through late-night phone calls. It came via an unanswered email sent to Mary Barra, GM’s chief. The offer sparked a media frenzy. More than anything else, it highlighted FCA’s bottom-line challenges. GM went on to rack up big profits. Japanese company Takata continued to struggle to fix its defective airbags in 2015 as the crisis became more complex. Its airbag propellant can burst its casing and spray vehicle occupants with shrapnel. Nine deaths have been attributed to the problem. Technically, the fix is relatively inexpensive, but replacements must be customised for different cars. In addition, the scale of recalls means some may not be fixed for several years. They will be further complicated should Takata go bust while several brands have vowed to stop using its airbags. What of the 12 months ahead? For years, marques have described their vehicles as “smartphones on wheels”, while makers of these communication devices appear to concur. However, last year it surfaced Apple had a team of hundreds working on an electric vehicle codenamed Project Titan, while Google hired John Krafcik – Hyundai Motors America’s ex-chief executive officer – to steer its selfdriving car programme. The move to autonomous vehicles is gaining traction. Fears about tech companies grabbing the initiative and the global stage the Olympic Games will offer in 2020 are driving Japan’s top three marques to introduce them sooner rather than later. Honda, Nissan and Toyota used November’s Tokyo Motor Show to announce they will sell driverless cars in four years’ time with the Olympics also providing a chance to show off Japanese technology to a worldwide audience. Darren Risby, editor Editor Darren Risby [email protected] 021 137 5430 Advertising Brian McCutcheon [email protected] 021 455 775 Online producer & REPORTER Julia Braybrook [email protected] Designer Adrian Payne [email protected] Autofile magazine is also available online as a readable file or downloadable as a PDF. Subscriptions are available at Autofile Online – www.autofile.co.nz. Back copies are also available on the website. Copyright: Published twice monthly by 4Media Ltd, PO Box 6222, Dunedin 9059. All statements made, although based on information believed to be accurate and reliable, cannot be guaranteed, and no liability can be accepted for any errors or omissions. Reproduction of Autofile in print or digital format in whole or part without written permission, whether by copying or any other means, is strictly forbidden. All rights reserved. ISSN 0112-3475 (print) ISSN 2350-3181 (online) Accessory Bundling sive model create an exucrlu brand for yo WindOW TinTing LEaThER sEaTs badging sUnROOf bLUETOOTh COmmand CEnTRE WiTh gPs REVERsing CamERa sPORTs sEaT UPgRadEs sTRiPEs bLind sPOT ELiminaTOR RUnning bOaRds WhEELs View Video PaRking sEnsORs www.deAlershipeditions.co.nz Packages for all vehicles Driving Solutions Retro Vehicle Enhancement | www.rve.co.nz | 0800 RETRO 4U www.autofile.co.nz 3 news [continued from page 1] Market facing extra competition of this increase has been to the rental market where margins are traditionally low.” The survey also shows companies that make and finance their own products have competitive advantages. “Maintaining and strengthening customer relationships has become a crucial factor in that entities acting as one supplier – instead of several – can be positioned to provide not just a product, but a total business solution,” says Kensington. “They are assessing the profitability and performance of operating and financing entities collectively under a joint strategy with less concern for apportioning profit margins between the operating and finance arm.” Finance companies associated with and supporting particular brands, such as car manufacturers, “have their own opportunities and challenges”. “Their competitive advantage lies in being associated with a wellknown brand and ongoing business from their retailers, or in the way they can assist make a sale.” However, some appear to be experiencing restrictions on deals they are allowed to do, which mainly stem from risk. “New-found caution is taken to ensure customers are not only sold the right products, but treating them fairly has become important due to the risk of misselling products and inappropriate culture around sales.” One of the big stories of the past year has been peer-to-peer (P2P) lenders – Harmoney, Squirrel Money, LendMe and LendingCrowd – coming to the fore. “New Zealand now has four P2P lenders licensed to operate in the market – they have definitely arrived,” says Kensington. “Executives we surveyed agree they are the biggest disruptor in the consumer market.” Finance providers in the automotive sector are also facing increased competition with new players seeking to gain market share. Two entrants referred to frequently in KPMG’s survey are Nissan Financial Services and Branded Financial Services, which is headed by executive chairman Neville Crichton. In addition, the survey shows providers of automotive finance continue to show good improvements in impairment asset expenses. Three out of the six vehicle financing companies reduced their impairment charges with a combined $2.95m decrease in the year ending September 30, 2015. Take ConTrol with Dealer Dashboard Never be caught out with vehicles in your Trader Network At a glance view your current trader network vehicles Tag vehicles for urgent attention Quickly view graphs of vehicle age and time in stock ph 0800 668 679 4 www.autofile.co.nz Nissan Financial Services, which was established in April 2013, was included in KPMG’s survey for the first time. It has gained a 1.19 per cent share of the non-bank lending market and is building its loan book through dealership sales. Toyota Finance experienced a decline in profits of 55.47 per cent in 2015, but much of this was due to an unfavourable fair-value movement of $13.38m from changes in interest rates. The survey of 23 lenders shows they achieved combined net profits after tax of $254.62m in the 12 months to September 30, which was down by $18.2m – or by 6.67 per cent – compared to 2013/14. Although there were strong increases in interest and other income, this was more than offset by a jump in operating expenses of $48.49m. news t Kensington describes this as a solid outcome taking into account challenging conditions. “This performance is remarkable considering the current low interest-rate environment, and intense competition from existing market players, new entrants, banks and P2P lenders.” Another big theme for the year was the level of sales and acquisitions, such as GE Capital agreeing sell its New Zealand consumer and commercial financing businesses. Kensington says: “A number of executives believe this disruption will create significant opportunities in the sector, given some long-term relationships in businesses have come – or are coming – to an end.” He adds Motor Trade Finances continues to be attractive to parties wanting to acquire a stake in or buy the company with approaches from Heartland NZ and Turners Ltd. Non-banking sector - movement in net profits after tax $MILLION 350 300 250 200 150 100 50 0 2014 NET NON- OPERATING NET PROFIT INTEREST INTEREST EXPENSES AFTER TAX INCOME INCOME IMPAIRED TAX ASSET EXPENSE EXPENSE 2015 NET PROFIT AFTER TAX *Source: KPMG’s non-bank financial institutions performance survey 2015 DEALING WITH LEGISLATION KPMG says regulations are now embedded in non-bank lenders’ culture. The sector has incurred extra costs based around compliance with regulations, such as amendments to the Credit Contracts and Consumer Finance Act (CCCFA) and improving frontend technology. Although compliance is costly and impacts on resources, Kensington says it was generally perceived more positively in 2015 by helping to strengthen the sector and creating “some form of barrier to entry”. KPMG’s report flags up the responsible lending code, which puts the onus on finance providers to determine the appropriateness of lending based on various factors, such as the borrower’s ability to repay and product suitability. “Some feedback was the code really only makes lenders document why they are responsible and doesn’t reach the right people in that it has had little impact on pay-day, car-boot and truck-shop lenders. “Another comment was it seems to help regulate people who need to help themselves. In other words, it’s perceived as regulation looking to have finance companies ‘save’ borrowers from themselves.” Changes to the CCCFA, which came into effect in June 2015, are back in the spotlight with the Commerce Commission considering whether P2P loan charges are covered by the legislation’s fee provisions. [continued on page 6] ‘Major disrupter’ in industry P eer-to-peer (P2P) lenders are looking at opportunities in the small to medium-enterprise market to grow their market share. KPMG’s performance survey of non-bank financial institutions highlights this sector as “the major disrupter” in the consumerlending market. With P2P companies planning to venture into other sectors – such as vehicle finance – competition will not ease in coming years, warns John Kensington, of KPMG. The impact isn’t from the amount lent – reported to be about $150 million – but more from efficient and sharp distribution models, and providing another option for borrowers. P2P lenders are also maximising online platforms to try to cut borrowing costs, obtain national reach and increase speed of delivery, says Kensington. “Many participants in our survey feel it is becoming critical to better utilise technology to remain competitive in the nonbank sector,” he adds. “While the front offices of P2P lenders appear to be technologically impressive, there remain questions as to how mature their back-office functions are.” Concerns around these companies have been voiced by executives surveyed by KPMG. They include perceived limited regulatory oversight with them not being subject to responsible lending guidelines, and reduced visibility of potential losses because asset books and performances aren’t reported in the traditional way with a set of financial statements. Many surveyed also feel PSP lenders and their strengths will not be tested until they have been through a full economic cycle. However, lessons have been learnt overseas with UK-based Quakle going under in 2011 and some P2P websites in China closing with borrowers defaulting. Kensington adds: “This is an interesting development.” Ensure your customers have a safe summer driving season with our affordable range of insurance protection. Mechanical Breakdown Private Motor Vehicle Loan Repayment Guaranteed Asset Protection www.mainstreaminsurance.co.nz | 0800 674 678 www.autofile.co.nz 5 news [continued from page 5] Increase in confidence reported These permit fees that only recover the cost of the services they relate to with the expectation lenders should earn returns from interest rates. “There is uncertainty as to whether P2P fees are caught by the CCCFA. A ruling in this area could have a material impact on this sub-sector’s growth.” LENDERS’ FINANCIAL RESULTS While the non-banking sector experienced a 6.67 per cent drop in net profits to $254.62m in 2015, companies’ performances have been mixed with the bottom lines of half of those surveyed by KPMG improving. Declines in profitability were led by Toyota Finance, Fuji Xerox, and GE Capital with drops of 55.47, 73.3 and 9.95 per cent respectively for a combined decrease of $33.66m. Margin pressures were felt by 14 out of the 23 companies despite most growing their revenues by 6.07 per cent, or by $98.08m, in 2015. Statistics in the main income categories include net interest income jumping by $23.36m despite interest margins decreasing by 32 base points with balancesheet growth being the driver. Other increases were reported in non-interest income by $10.26m, asset-impairment expenses by $2.3m and operating expenses by $48.49m. Deposit takers had a good year with an overall reduction of $1.74m in asset-impairment expenses. The largest were reported by Fisher & Paykel Finance of $4.95m followed by Mercedes-Benz “Comments suggest improvements stem from strong vehicle residual values and better quality borrowers in the new-car market.” - John Kensington, KPMG Financial Services with $2.27m. As far as improvements, BMW Financial Services led the way with a $1.84m reduction followed by UDC Finance on $1.31m. Three of the six motor-vehicle financiers reduced their impairment charges by $2.95m – more than one-third of the total decrease. “Comments suggest improvements stem from strong vehicle residual values and better quality borrowers in the new-car market where they operate,” says Kensington. The non-banking sector continues to achieve good growth with total assets up by 4.32 per cent to $11.78 billion underpinned by more loans and advances. Latest Reserve Bank data shows expansion in such lending for two consecutive years with loans topping $10.98b by September last year – up from $10.52b in the previous reporting period. Nissan Financial Services recorded a 150.28 per cent increase, while Avanti Finance Companies in survey Familiar names in the automotive industry, which took part in KPMG’s non-bank sector survey, included Avanti Finance, Instant Finance, GE Capital, MTF, Orix NZ, UDC Finance, and the financialservices divisions of BMW, John Deere, Mercedes-Benz, Nissan and Toyota. Others were Credit Union Bayside and South, First Credit Union, First Mortgage Trust, Fisher & Paykel Finance, Fuji Xerox, Medical Securities, Nelson Building Society, the Police & Families Credit Union, Ricoh NZ, The Warehouse and Wairarapa Building Society. achieved 43.86 per cent growth. “Ongoing expansion in loan books coincides with a general sense of optimism from the sector and clients,” KPMG’s report states. “This is confirmed by recent increases in business and consumer confidence with firms’ expectations of their own activity, profits, investment intentions, employment, export and residential investments on the rise. “It continues to be reflective of a domestic economy performing comparatively well compared to uncertainties in global economies.” Strengthening competition and new entrants led to marginal loss in market share of gross loans and advances for the three largest entities with GE Capital’s, UDC Finance’s and Toyota Finance’s declining by 1.42, 0.8 and 0.97 per cent respectively. The combined market share of gross loans and advances for those three companies fell from 55.37 to 52.17 per cent of the total group surveyed. “Most other participants maintained their market share at broadly consistent levels. “In an industry that continues to present good growth opportunities, the risk of margin pressure and overcrowding poses concerns. “All participants commented on the importance of positioning themselves in their area of expertise to stay ahead of the competition.” There was less direct competition in 2015 from banks, which have instead tended to fund non-bank entities with extra facilities or the securitisation of vehicles. Consumer and business confidence has driven a buoyant market in personal loans and lending to small to mediumsized enterprises. Overall, the non-banking sector is optimistic about opportunities in 2015/16. CHECK YOUR CAR www.shapeyouracc.co.nz 6 www.autofile.co.nz ACC0177_A1 Your ACC registration levy is based on your car’s risk rating. Check out the proposed levy rates for 2016/17 and have your say today. news Records tumble as ute secures crown T he amount of new than this time last year. However, vehicles sold in New I still believe we’re going to see Zealand during 2015 set historically high levels of new a new record with registrations vehicles sold.” soaring through the 130,000-unit One of the industry’s gamemilestone for the first time. changers moving ahead is likely to Last year was also groundbe technological developments. breaking because it resulted in a Crawford says: “Cars are ute – Ford’s Ranger – becoming changing inside as much as on the the country’s most popular model. outside. They are becoming much According to statistics more intelligent and smarter. published by the Motor Industry “The sorts of technologies Association (MIA), which can differ we were seeing only a few years slightly to the NZTA’s, there were ago in expensive or top-of-the134,041 new vehicles registered range vehicles are now available during the year. throughout line-ups. This represented an “This means increase of 6,862 – or emergency braking 5.4 per cent – compared and all of what I call to 2014, reports David co-operative intelligent Crawford, chief executive transport-type systems officer of the MIA. are starting to come Cars notched up through. David Crawford a 4.9 per increase to “Cars are becoming 94,964 units, while a sophisticated bits of record was set for commercials machinery right across the fleet with their sales climbing by 6.6 and that’s good because if we per cent to 39,077. can avoid accidents happening, SUVs continued to be popular it will create a safer place for us.” with Kiwis by accounting for Back to 2015’s statistics and 34 per cent of the market with Toyota topped the marques ladder 45,376 sold during 2015. for the 29th consecutive year with “In the past five years, SUVs 26,330 registrations for a market have grown by about 15 per share of about 20 per cent. cent and we are seeing the small Holden came second and Ford vehicle market, which was second was third – both on 10 per cent. historically, reduced by about six They were followed by Mazda per cent,” says Crawford. and Hyundai. “Utility vehicles are growing Mercedes-Benz wrestled the by five per cent, so that’s now number-one spot for luxury the second-largest segment.” marques from BMW in the battle He adds the breadth of models of the German brands. It secured with increased performance and the title by 143 registrations in a comfort features – combined close-fought race. with competitive prices and a Autofile’s extensive coverage high level of choice – makes New of 2015’s industry statistics starts Zealand one of the world’s most on page 22. Among the other competitive markets. highlights were imports of used “From an industry perspective, cars coming in at 150,862 units – we think 2015 was a great year. 13,224 more than in 2014. We’re not quite certain how it’s We also have the views of going to pan out in 2016, but it’s Corey Holter, of Ford NZ, Mazda’s unlikely we will see another record. Andrew Clearwater, Toyota NZ’s “The economic conditions Steve Prangnell and numerous going forward are less favourable car dealers. Looking back over the last 25 years it’s been refreshing to experience the support of the trade that I’ve worked with and come to enjoy so much over this time. In the last few years we’ve firmly established Provident Insurance as a credible insurer with a real passion for this industry and, through focussing on our clients have delivered a value proposition that sets us aside of our competitors, training and supporting our clients to achieve greater levels of customer protection and profitability. At last count, I’ve trained well over 700 Business Managers throughout the country. Some amongst the most successful in the business. Some who have moved on to even bigger roles. For the hundreds of you who already know me, I’m more at home out on the yard, or in the seminar room working with you to develop strategies to maximise your profit through the sound principles of F&I. So if we haven’t met up yet, I’m confident that if you want proven training designed to motivate your staff, satisfy your customers and improve your bottom-line, our paths will cross soon. And for those of you who have already chosen to become Provident Authorised dealers, we’re working together in partnership to help drive your business forward. Introduce the Provident Profit Factor into your business, talk to Steve Owens or visit www.providentinsurance.co.nz www.autofile.co.nz 7 news [continued from page 1] Legislative changes being felt benefits of extended warranties with protections customers have under the CGA, and consumers have cancellation rights when buying products or services via telemarketing or door-to-door sales methods. Businesses must be able to substantiate product and service claims, while provisions banning unfair terms in standard contracts came into effect in March 2015. The commission says it has Mark Berry, chairman of the already received complaints in Commerce Commission these areas, particularly about attracting the second-highest whether online sellers are in trade the report states. “However, we amount, while loans for vehicles and substantiation of claims. anticipate an increase in consumer accounted for 30 per cent. Representations about motorcredit-related complaints.” However, grievances filed vehicle retailing and sales climbed Issues with the most impact relating to this legislation have from 170 in 2013 to 242 in the have included finance providers halved since 2009. following year – or by 42 per cent charging unreasonable fees. The CCCFA has also been – with a general increase from midA ruling by the supreme court overhauled with many amendments June 2014 onwards. is expected soon in the MTF/ coming into force in June last year. Those concerning individual Sportzone case, and “is expected Key changes include lender traders accounted for 129 and to provide guidance on which responsibility principles supported consumer information notices were lender costs can be recovered from mentioned in 105. The misuse of the by a lending code, new rules consumers as credit and other fees”. about repossessing consumer term “as is, where is” by car dealers The report adds: “Complaints to goods and amendments to some has been highlighted. the commission about non-bank disclosure rules. Online trading now generates lenders due to their practices shows “At this early stage, it is uncertain about one-third of FTA complaints a disproportionate level compared how these changes are going and 26 per cent related to goods to their market share. to influence trader compliance,” supplied – such as quality or “Failure by lenders to make full advertised specifications – and disclosure makes this the most 24 per cent were for price, such as complained about credit-related increases before discounts. behaviour.” Twenty per cent were linked The report has been based to providing online services and on analysing information from Consumers have complained the most nine per cent were about supply, the commission’s sources about being misled in breach of the Fair with non-delivery and delivery including its own data, and that Trading Act through the internet, which timeframes being examples. accounts for 1,477 complaints – or 33 per cent from other government and The commission’s report community agencies. of the total – in regards to this legislation. also details Credit Contracts “It is designed to provide Contract terms, conditions and invoices make up 28 per cent, while complaints and Consumer Finance Act a picture of issues concerning filed after buyers have visited (CCCFA) complaints. consumers in New Zealand,” business premises come in Most related to finance says Mark Berry, chairman of the at 14 per cent. companies with mobile traders commission. Fair-trading concerns “We have used the report to inform our business planning, which identified a number of key priority areas. “Like all regulators, we don’t have unlimited resources, so we must focus efforts where we can have maximum impact. “By identifying areas of greatest risk, we can prioritise and target resources to greater effect by taking cases likely to have the greatest impact for consumers and more meaning for businesses. “Planning is under way for the 2016 report and it will continue to be used to inform our work programme.” Paul Goldsmith, Minster of Commerce and Consumer Affairs, adds: “I’m pleased to see this comprehensive analysis from the commission, which helps to inform and prioritise its work. “The government has implemented reforms to address many practices the commission identified as causing harm in 2014. “Thanks to recent changes to the CCCFA, the commission has the tools to scrutinise this industry and mandate to take action against operators flouting the law. “It will actively enforce the new laws to improve the conduct of finance companies and mobile traders, which were the source of most credit-related complaints. “Another trend is the increase in complaints about online trading. It’s good to see the results of changes to consumer laws filtering through. “I am encouraged to see the work the commission is doing to analyse issues affecting consumers and how it’s enforcing legislation.” FROM JAPAN TO NEW ZEALAND ON TIME, EVERY TIME TOYOFUJI SHIPPING SCHEDULE Toyofuji vessels Voyage Trans Future 7 JAPAN NEW ZEALAND Moji Osaka Nagoya Yokohama Auckland Lyttelton Wellington Nelson 84 – 13 Jan 14 Jan 16 Jan 3 Feb 5 Feb 7 Feb 8 Feb Trans Future 5 88 – 25 Jan 26 Jan 30 Jan 18 Feb 20 Feb 22 Feb 23 Feb Fujitrans World 187 15 Feb 16 Feb 17 Feb 18 Feb 1 Mar – – – 8 www.autofile.co.nz Contact: Blain Paterson ph 09 358 5515 www.toyofujinz.co.nz news Stepping forward for recognition P eople with connections to the motor-vehicle industry have been recognised in the New Year Honours List. Among them is Paula Rebstock, chairwoman of ACC, who has been made a Dame of the New Zealand Order of Merit (NZM) for services to the state. She has overseen a decline in levies to their lowest levels ever, although the corporation attracted widespread criticism in 2015 for bungling its vehicle riskrating system, which is now being reviewed. The 52-year-old has held positions on a dozen or more boards, commissions and inquiries, and is also deputy chairwoman of KiwiRail and a director of Auckland Transport. Born in the US, Rebstock has lived in New Zealand since 1987. In 1998, she joined the Commerce Commission and was its chairwoman from 2003been made a CNZM for 09. It was during this services to business and time she was made a philanthropy. CNZM for public service. Liddell, who lives Entrepreneur John in New York, has also Lee has been made a been chief executive CNZM for services to officer of Carter Holt business and tourism. Harvey and is currently He turned his Mount Dame Paula Rebstock chairman of Xero. Cardrona station into In New Zealand, he is successful businesses, such as an chairman of the Next Foundation, alpine resort and ski-field. director of Project Janszoon to Lee also established the restore Abel Tasman Park’s ecology, Southern Hemisphere Proving and former chairman of Project Ground in 1984 for car and tyre Crimson, a partnership to save manufacturers to test products on pohutukawa. snow and ice. He was managing Geoff Dangerfield, who recently director until 2004. retired as chief executive of the Located on the Pisa Range NZTA, has been awarded the Queen’s between Queenstown and Service Order for services to the state. Wanaka, the facility covers 400 He was appointed as the agency’s hectares and boasts 16 facilities. first leader in August 2008 after Transit Christopher Liddell, former NZ and Land Transport NZ merged. vice-chairman and chief financial Dangerfield also chaired the officer of General Motors, has Road Safety Trust from 2011-12 and has served on Auckland Transport’s board. He was chief executive of the Ministry of Economic Development from 2001-08. Jim Barker, chairman of the Barker Group, has been made an ONZM for services to the transport industry and philanthropy. He established Otorohanga Transport in 1963 and his group is now one of the country’s biggest locally owned freight companies. Barker backed iShift transmissions being installed in trucks imported into New Zealand, which have contributed to safer and more fuel-efficient fleet. His company has supported Kiwis in need, such as by transporting mining equipment following the Pike River mining tragedy and emergency supplies after Canterbury’s earthquakes. Visit www.autofile.co.nz for more information on recipients’ citations. Buy direct from auction in Japan ➡ IBC sales staff both here and in Japan are buying the best cars at the best prices daily ➡ IBC has full sales and support staff based here in New Zealand to manage the purchasing process from end to end ➡ Purchase in Japanese yen or New Zealand dollars - prices can be shown inclusive or exclusive of GST ➡ Have your compliance managed through ➡ Tap into our vast resources and experience available in New Zealand and Japan ➡ Purchasing options include: bidding direct at auction, IBC inventory both in New Zealand and Japan or daily email blasts. For more information, call your Account Manager on 09 257 0050 or visit www.autoterminal.com www.autofile.co.nz 9 new cars The 2017 Fiat 124 Spider Alfa Romeo’s Giulia Quadrifoglio Jeep’s Wrangler Backcountry Showing off in City of Angels M azda’s all-new large crossover boasts its latest i-ACTIVSENSE advanced safety features and all-wheel drive. The three-row and seven-seat CX-9, which was unveiled at Los Angeles Auto Show, is also the first model to feature the marque’s direct-injection turbocharged petrol engine. The SKYACTIV-G 2.5T delivers powerful acceleration and good linear response in the low to mid-rpm range. Traditionally, turbocharged engines have suffered from poor dynamic performance at low rpm, such as turbo lag. But the new engine overcomes The all-new Mazda CX-9 these with dynamic pressure turbo, which varies exhaust pulsation depending on speed, and a cooled exhaust-gas recirculation system to maintain an ideal air-fuel ratio over a wider output range. More details will be released Thanks for your business! MTA Gift Cards are the perfect way to show customers how much you appreciate their business. You choose the card design, how much the card will be worth, and the customer you give it to can use it at any one of over 2,000 MTA service station and gift card members nationwide. DownloaD our new app now To buy an MTA Gift Card and to find the MTA members nearest to you go to www.mta.org.nz 10 www.autofile.co.nz close to the CX-9’s Kiwi launch later this year. The 2017 Fiat 124 Spider, which also made its debut in the City of Angels, pays homage to the original model of about 50 years ago. Its suspension uses a doublewishbone layout in the front and a multi-link in the rear for greater stability while braking and turning. Steering is responsive thanks to electric power assist. Noise vibration and harshness enhancements include an acoustic front windshield and insulation treatments, while the soft top is easy to operate and requires minimal force. The Spider’s features include adaptive front headlamps, blind-spot monitoring and rear cross-path detection, while its high-strength body helps dissipate energy while optimising occupant protection. Other technology includes Fiat’s Connect 7.0 system with a seveninch touchscreen display, multimedia control, Bluetooth, heated seats, and keyless entry and start. Modern interpretation of styling cues includes its low-slung presence, well-balanced proportions and a sporty cabin-to-hood ratio. It will be available in two trim levels – Classica and Lusso – and comes in six exterior colours. It’s slated to be launched in New Zealand in late 2016. Alfa Romeo’s line-up included its all-new Giulia Quadrifoglio. With muscular proportions and high-quality surface finishes across its wheelbase, it offers best-in-class aerodynamics. The Ferrari-derived 376kW bi-turbo V6 engine makes it the marque’s most powerful production car ever. It accelerates to 100kph in 3.8 seconds and has a top speed of 307kph, while cylinder deactivation reduces real-world fuel consumption by up to 15 per cent. The Quadrifoglio boasts nearperfect 50:50 weight distribution, segment-leading torsional rigidity and the most direct steering available thanks to its rearwheel-drive architecture with lightweight materials. Systems include Alfa DNA Pro selector, torque vectoring, active aero front splitter and chassis domain control. Two special-edition Jeeps were launched in Los Angeles. The Wrangler Backcountry features decals on the front fender and rear-quarter panel, off-road front and rear bumpers, and 17-inch Rubicon wheels in mid-gloss black. Rubicon rock rails are standard with Sahara side steps available at no extra charge. The inside features a vinyl-wrapped console lid and door armrests with diesel-grey stitching, black McKinley leatherseat bolsters with sport mesh inserts and all-weather slush mats. The Grand Cherokee SRT Night has a premium appearance, which includes a gloss-black roof, front-grille bezels, side-window surrounds, rear spoiler and lightweight wheels. The 6.4-litre V8 with fuel-saver technology delivers 344kW of power and 624Nm of torque. It can get to 100kph in 4.9 seconds and has a top speed of 257kph. Visit www.autofile.co.nz for more news from the show. Now is the time to plan ahead A new year is always a time for reflection on the past year and what lessons have been learnt along the way. Unfortunately, many of us – despite how much we want to improve on the previous year’s results – do nothing about it or make plans to be more successful. It’s like the old adage, “if you always do what you’ve always done, you’ll always get what you’ve always got”. The reality is with how consumers are continuing to evolve, dealerships need to as well – otherwise the likelihood of getting left behind is very real. As we all know, more than 80 per cent of car buyers browse the internet when planning their next car purchase. The National Automobile Dealers Association in the US released statistics in 2015 that highlight buyers are only visiting 1.2 dealerships on average before making their decision. This shines the to, only then can you spotlight on how methodically work important your online through a plan of all business, presence on the steps needed to be the internet and phone taken to get there. strategy become. You need to leverage That said, more than off data you have about 50 per cent of buyers your business, and make now prefer to engage informed decisions that MARK GREENFIELD Motorcentral electronically by email, can have a significant text and social media as opposed impact on your customers, staff to talking on the phone. and bottom line. What all of this means is that Here are a few key areas dealers being proactive in the space of should check off as they enter 2016. customer experience is paramount, CUSTOMER EXPERIENCE and you can no longer sit back and Create an environment that’s deliver service in a reactive way. attractive, engaging and defines A proactive dealer will attract, what you have to offer. Better engage and retain more buyers still, doing this right is a positive than the one who sits on his or her contributor towards referrals to hands doing what he or she has friends and family. always done. Managers need get out of their Now is the time to plan for what offices and meet customers. Don’t you want to achieve – not only for just leave it up to salespeople to 2016, but also the next few years. bring them to you to help with the Once you establish where close. A friendly hello while walking you want to get your dealership Car dealerships’ systems should be “true enablers” that compliment all aspects of the business past will work wonders when the time comes to make the sale work. RETENTION OF BUYERS You have spent a significant amount of money acquiring each customer. Now you seriously need to invest and plan for how to keep in contact with them and retain them. MAKE INFORMED DECISIONS Whether it’s what vehicles are purchased to stock your yard, where you spend advertising dollars or where you focus staff training and development, it needs to be leveraged from what data and information you have about the business. If you haven’t done so already, start understanding the finer details of your dealership and plan for its success. EFFICIENCIES VIA SYSTEMS Many businesses are inefficient purely due to the fact they aren’t using systems and processes complimentary to what they do. This doesn’t allow them to operate as effectively as possible, which can ultimately impact on many areas of a dealership. Systems should be true enablers that compliment all aspects of your operation. This year is set to be a year of continued innovation and ongoing change in the automotive industry. Those who continue to understand, adapt and embrace change will not only keep up with what is going on around them, but will lay the foundations for the years that will follow and what they will bring. Anywhere. Anytime. Your most important dealership information accessible from any desktop, tablet or mobile device. Faster. Easier. Smarter. 0800 623 687 www.motorcentral.co.nz www.autofile.co.nz 11 industry profile From speedway to inspections E uan Philpot is a busy man with work commitments. If he’s not in this country, he’s likely to be on business across the Tasman, in Japan or – less frequently – in the UK. The chief executive officer of JEVIC NZ is also the New Zealand-based director of Vehicle Inspection NZ (VINZ) and a board member of the Australian Imported Motor Vehicle Industry Association (AIMVIA). His workload has certainly grown since joining JEVIC in 2003, but he’s relishing the challenges. In between commercial commitments, he’s a busy family man with his wife Dionne and three children – and still finds time to enjoy the thrills of speedway at Auckland’s Western Springs. But what does his work entail? With JEVIC, which stands for Japan Export Vehicle Inspection Centre, Philpot is its lead contact point between customers and end users in this country and the company’s head office in Yokohama. “This entails a lot communication and working with various government departments we act on behalf of in Japan and have contracts with,” he explains. “It’s about ensuring our Japan to New Zealand and UK pathways stay open, and trouble-shooting any problems. “This involves building a solid platform of trust, and ensuring people recognise JEVIC as an expert and specialist when it comes to preshipment inspections. “A lot of my travel to Japan is around managing the business by planning group strategy over two and five-year periods, doing audits, and dealing with biosecurity inspections and the NZTA. “We also need to ensure the UK market is steady and developing for Australia and New Zealand, and work with logistics companies. “Being the New Zealand-based director of VINZ is another job in itself, but a whole lot of fun.” JEVIC officially took control of the transport service delivery 12 www.autofile.co.nz continually have a good business focus. The process has involved helping staff take on the mantra that we are experts in inspections and safety, and leveraging opportunities. “It’s a fun and driven environment when you are tackling change headon and being a market leader.” GOING ACROSS THE TASMAN Euan Philpot, chief executive officer of JEVIC NZ agent in February 2013, although getting to the stage where an official bid could be made involved plenty of graft. “It came about after building the JEVIC brand in this country before the takeover,” explains Philpot. “We had to do all the research and it was a huge learning curve with VINZ being a publicly listed company. “All of the strategy and planning were major highlights for me. It was one of the biggest challenges of my career in the industry, which is fast-moving in this country. “One of the highlights since the deal going through has been converting the doom around the Vehicle Licensing Review, which overhauled the warrant and certificate of fitness regimes, into good business growth opportunities. “The rewarding side of JEVIC now owning VINZ has been to focus on integrating their strengths, having the ability to influence leaders, and building teams and relationships with people. “We are working hard to Petrolhead from the star t One of Euan Philpot’s passions since he was 14 has been speedway and he has gone along to Western Springs every season when living in New Zealand. “It was sad to see Bill Mudgway die recently. In my opinion, he was the voice of speedway, a true legend and gentleman. “He and his team used to commentate from an uncovered box and stop when the cars went past. Nowadays, it’s broadcast over FM radio. “There used to be 22 Saturdays of racing a year and now there are only 10 or so. “I go along a few times each season and my son is now getting a taste for it. It’s a great night out – one of Auckland’s best attractions.” Philpot was elected onto the board of the AIMVIA, which recently had its first anniversary, late last year to replace Damon Jackson, who owns the JEVIC group. His experience, as it lobbies for the Australian government to open its borders to the importation of more used vehicles from overseas, stands him in good stead. For example, Philpot worked with officials from the Department of Agriculture before JEVIC was authorised to carry out biosecurity inspections for imports into Australia from Japan and the UK – an agreement implemented in July 2013. “That was two years in the making. You have to deal with federal and state governments in Australia as opposed to one in New Zealand. “This means there are a lot of split decisions and, unless you have experience of that environment, it can become a bit of a minefield.” As for the AIMVIA, Philpot attends monthly meetings in Sydney with the board’s work focused on identifying opportunities, and driving communication between its members, sponsors and regulators. “The association is handson and working hard. It has got its foot on the accelerator and has progressed further than anticipated a year ago. “It has gone from being established to fully operational. With the support of the IMVIA, it is gaining from 25 years’ experience of the used-imports industry in New Zealand and lessons learnt. “We see an instant market and want it now, but change takes time. The concerns of regulators need understanding. They are industry profile Getting behind the steering wheel Euan Philpot’s first car was a green 1972 850cc Austin Mini with a long gear shift, although it was a lighter colour than the one pictured. “I had to drive it home after being pushed into a concrete wall playing indoor football. I didn’t know it at the time but I had broken t looking at creating the best choice for consumers along with the safest options. “It will be about robust systems, how vehicles get into Australia and onto roads there, as well as consumer benefits. “There are price points at which vehicles become attractive for that market and these sit where New Zealand will not be competing for most of it. Used imports that will be attractive in Australia are likely to be high-end.” TAKING TRIP BACK IN TIME Philpot’s career in the automotive sector came about while doing voluntary youth work in 1989 when a friend tipped him off that Turners was looking for staff. His position with the auction house was manager of the damaged-vehicles division. It involved overseeing weekly auctions, preparing cars, negotiations and building a rapport with insurance companies. During his last four years there, the internet was really coming on-stream and – at that point – Turners’ only auctions with photos were those of damaged lots. This part of market was small and focused on Auckland, but the company wanted people bidding nationwide, which is where its online presence stemmed from. “There were discussions about it and there was a view that having normal, good cars on the internet would never catch on,” smiles Philpot. “My time at Turners was memorable and back then it both wrists, which was why I could only use first and second gear.” His dream car is a black Bentley Continental GT V8, while his current drive is a Mazda CX-9 – “a nice car that works really well with the family”. was a great place to get a good grounding in our industry. Being an auctioneer was fun and I still enjoy stretching my vocal chords.” Through the people Philpot got to know there, the opportunity arose for him to return to England. He was born in Surrey and his family moved to New Zealand when he was six, so he has dual citizenship, while his wife has an Irish passport through ancestry. Philpot was offered four different roles with British Car Auctions, but decided to run U-Save Automotive – a parts-supply company – for four years instead. “We were based in Stratfordupon-Avon, William Shakespeare’s birthplace, and lived in the old servants’ quarters at Clopton Manor. “It was an incredible place to live being a 17th-century country mansion near the town. It had been converted into apartments. “However, when my wife became pregnant with our second child, we decided to return to New Zealand. “About a month later, I was approached to work for JEVIC. It came about through contacts, a meeting was organised with Damon and it started from there.” them and creates opportunities. “I’m not just talking about cars, but the impact technology will have on our entire lives. That said, there will be major changes in respect to vehicle inspections, servicing and warranties. “We need to think about how technology can improve the way we do business as opposed to any disruption it can cause, and how quickly things are happening. “Changes that might have taken 10 years to implement 20 years ago will now be achieved much more quickly. “The cloud and data-storage facilities are among changes that help businesses, particularly if you operate over multiple sites or different areas of an industry. There are exciting times ahead.” NYK VEHICLE EXPRESS SERVICE Reliable fortnightly vehicle logistics service JAPAN to NZ PORT TO PORT / DOOR TO DOOR to Auckland, Christchurch, Wellington, and Nelson Full MPI inspection service from Kawasaki, Osaka, Nagoya and Moji LOOKING TO THE FUTURE Philpot believes challenges that need to be embraced in New Zealand will focus on everevolving technology. “Industry generally needs to ensure developments don’t interrupt mechanisms businesses have in place, but also enhances SUN PHOENIX CO.,LTD. + Marine Insurance available For eFFIcIent custoMer Focused servIce contact NYK Auckland Branch 0800 695 546 Christchurch Branch 0800 695 2424 email: [email protected] www.autofile.co.nz 13 Vehicles Research to identify wanted compliant vehicles dealers Buying now Buying: Vans, Utes, Light Trucks. Nationwide. Contact Gareth 021660180 [email protected] www.317.co.nz T he Imported Motor Vehicle Industry Association (IMVIA) is advising car dealers to arrange for overseas stock to be checked to ensure electronic stability control (ESC) is installed and working. The next deadline for the system to be mandatory in cars and light commercials entering New Zealand’s fleet is March 1. This is when all used MC-class vehicles – essentially four-wheeldrives with special off-road features – have to comply. The IMVIA has published a list for reference purposes showing if various models made between 2011 and 2014 can be imported. A few do, others don’t and some have ESC as an option. This means pre-purchase physical checks should be carried out by dealers or agents, and the easiest way to identify compliant stock is to see if there is a warning light for the crash-avoidance system on the dashboard. The IMVIA will update research when available and is encouraging the Japanese Auto Auction Association to add whether ESC is present on auction sheets. Visit www. autofile.co.nz to find out more. IMVIA research into ESC for MC-class vehicles To advertise here, contact: [email protected] or ph 021 455 775 EuropEan VEhiclEs WantEd Audi, BMW, Mercedes, Porsche, Maserati, Jaguar and Land Rover Phone Glenn 021 431 685 commErcial VEhiclEs WantEd Vans, Utes, RV/SUV Phone Cory 027 203 5701 Make Model Honda Honda Lexus Lexus Lexus Lexus Mazda Mazda Mazda Mazda Mitsubishi Mitsubishi Mitsubishi Mitsubishi Mitsubishi Mitsubishi Mitsubishi Mitsubishi Mitsubishi Mitsubishi Nissan Nissan Nissan Nissan Nissan Nissan Nissan Nissan Subaru Subaru Subaru Subaru Subaru Suzuki Toyota Toyota Toyota Toyota Toyota Toyota Toyota Toyota Toyota Toyota Toyota Toyota Toyota CR-V CR-V RX 350 RX 350 RX 450h RX 450h CX-5 CX-5 CX-5 CX-7 Outlander Outlander Outlander Outlander PHEV Pajero Pajero Pajero diesel Pajero diesel RVR 4WD RVR 4WD Dualis Juke 4WD Murano Murano X-Trail X-Trail X-Trail X-Trail diesel Forester Forester Forester Forester Forester Escudo FJ Cruiser Harrier Harrier hybrid Hilux Surf Kluger / Highlander Land Cruiser Prado Prado Prado RAV 4 Rush (Daihatsu Be-Go) Vanguard Vanguard Model Code 2011 2012 2013 2014 DBA-RE4 DBA-RM4 DBA-GGL15W DBA-GGL16W DAA-GYL15W DAA-GYL16W DBA-KE5AW DBA-KEEAW LDA-KE2AW CBA-ER3P DBA-CW4W DBA-CW5W DBA-GF8W DLA-GG2W DBA-V83W DBA-V93W LDA-V88W LDA-V98W DBA-GA3W DBA-GA4W DBA-KNJ10 CBA-NF15 CBA-PNZ51 CBA-TNZ51 CBA-TNT31 DBA-NT31 DBA-NT32 LDA-DNT31 DBA-SH5 DBA-SH9 DBA-SHJ DBA-SJ5 DBA-SJG CBA-TDA4W CBA-GSJ15W DBA-ZSU65W DAA-MHU38 All All CBA-URJ202W CBA-GRJ150W CBA-GRJ151W CBA-TRJ150W DBA-ACA31W ABA-J210E DBA-ACA33W DBA-GSA33W P No S S S S No No No S P P No No P P P P P No P S P P P P No P P P P No No P P No P No No P P P P P P S S D P S S S S No No No D P P No No P P P P P P P S P P P P No P P P P No No P P No D No No P P P P P P S S D S S S S S No S S D D D S No S S S S D P P S S S S S No S D D D S S P S No D No No S S S S S P S S D S S S S S S D S D D D S S S S S S D P S S S S D D S S D D D S S P S S D No No S S S S S S D D Key S: Research indicates ESC fitted as standard, but vehicles should be checked www.corporatecars.co.nz 14 www.autofile.co.nz P: ESC may have been fitted as an extra, but should be physically checked No: Research indicates these models do not have ESC fitted D: Model discontinued *Visit www.imvia.co.nz/media/9116/table_esc_per_variant_2011-2014.pdf for a full version of this table, which includes the chassis number range with ESC fitment indicated. new cars Sport mode boosts response L otus has unveiled its replacements for the Elise and Elise S – two of its most successful models. The Elise Sport and Sport 220 will arrive on these shores later this year following the arrival of the new Evora 400, which makes its local debut in the first quarter of 2016. Sport mode is standard in both variants. It increases throttle response, alters traction-slip thresholds and removes understeer recognition to enhance control before intervention. Bilstein sports dampers contribute to sharp steering and provide heightened feedback from the road. The Sport 220, which weighs just 914kg, boasts peak power of 162kW and torque of 250Nm. It makes the 0-100kph in 4.6 seconds and has a top speed of 234kph. The Elise Sport has a top end of The Lotus Elise Sport and Sport 220 204kph and has a 0-100kph time of 6.5 seconds – thanks to maximum power of 100kW at 6,800rpm and 160Nm of torque at 4,400rpm. The power-to-weight ratio is 115.5kW/tonne for the Sport and 177kW/tonne for the 220, while Special model secured S ubaru’s all-new sporty and performance wagon will arrive in New Zealand in the middle of next year. The Levorg is equipped with all-wheel-drive technology and is similar in size to earlygeneration Legacy GTs. “Subaru of New Zealand has been able to secure a special, high-specification model,” says managing director Wallis Dumper. “We are optimistic about its appeal factor given its suitability for Kiwis. “Despite the global trend towards SUVs, we recognise not everyone wants one. Passionate drivers enjoy the handling of a performance vehicle. “Sales of the new-generation Legacy sedan and WRX’s success prove there’s still a strong market for drivers’ cars.” While Subaru is launching the Levorg solely with the twolitre engine, “down the track we see potential for the 1.6-litre turbocharged model as suitable for those new to the brand or looking for a company car with a difference”, adds Dumper. “However, Fuji Heavy Industries – the manufacturer of Subarus – can’t make enough cars to satisfy demand across the product portfolio, including the Levorg.” Local pricing and specifications will be unveiled closer to the launch date. Subaru’s Levorg the extra urban fuel-consumption figures are 5l/100km and 5.9l/100km respectively. Lightweight silver or black cast wheels – 16-inch on the front and 17-inch at the rear – are standard, and there is an optional upgrade to a forged-wheel design to save an extra 5kg in total unladen weight. Lightweight sports seats in leather, alcantara or classic tartan trim are optional. The Elise is Lotus’ most successful model in terms of numbers built with 32,000 sold globally, while the marque’s small-platform technology has been successfully used in the Exige, Europa and 2-Eleven. New Zealand pricing and specifications for the Elise Sport and Sport 220 will be announced in mid-2016. VEHICLES WANTED Mercedes Benz Volkswagen nissan lexus Kia toyota chrysler Jeep dodge We are always looking to purchase late model NZ NEW CARS AND COMMERCIALS PAUL CURIN 0274 333 303 [email protected] miles motor group www.autofile.co.nz 15 tech report Vehicle Inspection Specialists Vehicle Inspection NZ TALK TO THE TEAM YOU CAN TRUST: VINZ proudly bring you the IMVIA Technical Report 0800 GO VINZ ( 0800 468 469 ) / email : info @ vinz.co.nz / www.vinz.co.nz Get talking about our transport future T he way in which the government has traditionally prepared for the future is pretty straightforward. It has involved something along the lines of looking at the data, recognising trends and developing plans to meet the demand predicted by projecting those trends forward. Recently – when applied to transport – this tactic has focused on producing trends that demand plans that are untenable or counter to expert predictions. For example, traditional solutions to meet increased need are no longer available. Besides the cost, in many locations simply building more roads isn’t an option. Alternatively, we are finding that technology is disrupting trends at an increasing rate. Global industry experts predict we will all be using service-based autonomous cars for our daily commuting needs in 25 years’ time. If this were to occur, our transport requirements could be met with a fraction of our current fleet. Should we start spending money to redesign the of intention. The aim road infrastructure to is simply to spark off handle the increased discussion. need as projected by The ministry hopes trends or the decreased to explore, through need predicted by dialogue and debate, experts? the possibilities, And to clarify, while challenges and many experts and consequences of a Kit Wilkerson analysts say this will variety of futures so IMVIA policy adviser and analyst happen, there is no it’s prepared when the consensus on a timeframe with technology comes available. The predictions largely based on realising first story is likely to be the most the technology does not yet exist. contentious with our industry and The Ministry of Transport (MoT) is about the future of road safety. has deviated from the reactive What promise of efficiency position we generally expect of and safety justifies removing the governments. human factor from roads? It is trying to be as prepared as If we could meet transport possible for whatever the future requirements while reducing the may present and what technology number of accidents by more than may be developed. 90 per cent while increasing the The MoT presents a series of efficiency of our roads, would we stories online at www.transport.govt. heed calls to hand in the keys to our nz/futures with each describing a privately owned cars? Would we allow different aspect of a possible future. the government to ban humanCurrently there are four stories, driven vehicles on public roads? but more are expected. The goal The second story on the future of sharing them isn’t to predict the of data and intelligence highlights future and nor are they statements the way data will be used to shape our transport network. For instance, it presents the idea of a “virtual butler”, an application that has access to your schedule, history and preferences, as well as weather and road conditions. This data is used to plan, map and buy the most effective means Screenshots from a video on the Ministry of Transport’s website www.transport.govt.nz/futures of transport, and adjusts your alarms and appointments to meet them – all before you wake up. The story on the future of air travel discusses the possibility this form of transport will become easier and more convenient – and change 16 www.autofile.co.nz the way people get to work. Imagine how it would reshape urban sprawl if we could make a 200-300km commute in less than an hour at an ease and price comparable to a similarly timed journey on the motorway today. The last story on low-carbon transport describes a future in which focus is put on reducing carbon output. Most vehicles would be electric, while those that aren’t would be highly efficient and use low-carbon fuels. Again, autonomous vehicles would be leveraged to optimise efficiency with freight moved by platoons of optimally laden trucks or ships capable of carrying more than 7,000 containers. I must reiterate the stories presented by the MoT are not plans, nor even predictions. They are catalysts intended to spark a reaction and create discussion. Of course, I must assume the ministry will continue making plans in the traditional manner through analysing data and projecting trends. But it’s remarkable to have government officials being proactive and thinking about the future in a way that’s more focused on what we want as opposed to reducing the problems we have. They are asking for our input. I urge everyone to go and have a look, consider the implications and provide feedback because how often do we have the opportunity to participate at that strategic level? I have to admit to a bit of excitement about New Zealand’s future, especially when I think of a fleet of airships. SpecialiStS in pre-Shipment inSpectionS JEVIC NZ Full Border Inspections Structural Inspections Pre-export Appraisal 09 966 1779 Biosecurity Inspections Odometer Verification Vehicle History Reports www.jevic.co.nz f & i focus Giving 100 per cent to get results L ike many people fortunate enough to have a few days away over the festive break, I am finding it hard to get back into setting my alarm clock, shaving, wearing shoes and socks, and I’m almost strangling myself with a tie, but it was great to take a short breather. What a huge year 2015 was with all-time sales records being set in our industry, changes in finance legislation, mergers, new entrants and exits, and not to mention many sporting triumphs. There is never a dull moment, and I take my hat off to everyone for their resilience and tenacity through the rollercoaster ride that is New Zealand’s automotive industry. December capped off another record year for sales growth at Protecta. It was delivered through some targeted acquisitions and a large portion of organic growth, which was brought competitive and about by increased innovative products focus on specialist and – along with training and support our track record from our sales force. and commitment to We only succeed if your training customers dealership succeeds. to achieve higher With significant profitability – they growth in sales, remain cornerstones. SIMON MOORE we’ve expanded our We expect more Motor-trader development manager customer service significant growth this Protecta Insurance and claims teams to year and have developed maintain the high levels our clients plans to ensure this happens. have enjoyed over the years. Apart from the insurance This year sees Protecta mark business, Protecta and its fantastic its 30th anniversary – a huge staff were involved in raising milestone we are proud of. money for some great causes and The company remains 100 charities in 2015. per cent New Zealand-owned These included the Women’s and operated. We see this as a International Motorcycling competitive edge with direct Association’s Pink Ribbon Ride for access to decision-makers and this Breast Cancer Research, the Blue gives us agility to move quickly in Ribbon Ride for Prostate Cancer, an ever-changing market. Westpac Rescue Helicopter, This agility helps us to provide Canteen, Oxfam, Auckland City Mission and Daffodil Day among others. We dressed up, raffled, sold, donated, attended, supported and sponsored these and other great causes last year. The Protecta team is excited about continuing to support the wider community in 2016. Are you ready to give 100 per cent this year? We are, so let’s work together and achieve another year of record sales by getting into it. I have seen a large number of sales teams a long way off 100 per cent by failing to respond to online inquiries and return phone calls in a timely manner, gaps in their product knowledge or marketing material, or failing to dedicate attention to the client in front of them. We’re always here to assist, coach, mentor and motivate whenever needed. We would like to wish all of our customers a safe, happy and prosperous new year. PROTECTA nationwide F & I results December 2015 Best result: $ 1,145 55% 52% New Used 50% 45% Worst result: $ 343 43% 40% 42% 37% Specialised Training to Increase Your Sales 35% 30% 26% 25% Our Specialised F&I Training is helping our Motor Dealers achieve greater sales and increased profits. It’s not a secret. Find out more today. 21% 20% 15% 15% 14% 12% 10% 5% 0% Finance PPP GAP Insurance MBI Contact Erin Mills Business Coach, Protecta Insurance Email: [email protected] Phone: 0800 776 832 www.autofile.co.nz 17 Industry movers NZ labour market report STEVE KENCHINGTON has taken on the role of group general manager of Motorcorp New Zealand, and is responsible for overseeing three marques – Volvo, Jaguar and Land Rover. He was formerly the general of manager of Volvo in this country. Before that, he was sales and marketing director of British Credit Trust, managing director of Sime Darby Automobiles NZ Ltd and national sales manager of dealer operations with the Australian Guarantee Corporation. LIZ COUTTS is Ports of Auckland Ltd’s first female chairman having taken over from Rodger Fisher, who was acting chair since Graeme Hawkins’ resignation. “I feel privileged to lead the next phase of development,” she says. “The company has made huge progress since I was appointed to the board in 2010.” Coutts has experience in governance and executive roles in major Kiwi companies, including time as chief executive of the Caxton Group. She chairs Oceania Healthcare, Urwin & Co and the IRD’s risk and assurance committee, and is also a director of the EBOS Group, Skellerup Holdings, Yellow Pages, Sanford and Tennis Auckland. Visit www.autofile.co.nz to find out more. COBY DUGGAN has been appointed by Motorcorp NZ as national manager for Volvo. He will be responsible for overseeing the brand’s strategic growth in this country. He is excited to be working with the marque as it enjoys “unprecedented” success locally. “Volvo has had its biggest year of sales globally and locally.” Duggan previously held senior roles with a range of marques, such as Lexus, Mercedes-Benz and Skoda. JAMES MILLER is now a member of ACC’s board for a three-year term. He has extensive experience in financial markets, investment management and commercial governance. Miller sits on ACC’s investment sub-committee and is chairman of the subcommittee for Shaping Our Future – a business transformation project. MIMI GILMOUR, co-founder of the Mexico and Burger Burger chains, joins Crane Brothers’ founder Murray Crane as a brand ambassador for Jaguar NZ. James McKee, the marque’s marketing manager, says: “As a businesswoman, Gilmour has pushed the boundaries of what is possible and has led exceptional change in her industry in a short space of time.” JULIA HOARE has been appointed as an independent director of Ports of Tauranga. She has extensive commercial, financial, tax, regulatory and sustainability expertise developed during 20 years as a partner with PwC. DAVID WILSON has been appointed as chief executive officer of EC Credit, part of Turners Ltd. He was previously group sales manager and has been with that business for eight years. TO FEATURE IN INDUSTRY MOVERS EMAIL [email protected] 18 www.autofile.co.nz The number of job vacancies rose by two per cent in November while there has been a 6.9 per cent increase compared to by the same time in 2014, according to the latest Jobs Online report published by the Ministry of Business, Innovation and Employment (MBIE). November’s jump was led by increased vacancies in hospitality and tourism, and the accounting, human resources, legal and administration industry. Both sectors went up by 1.7 per cent. Seven out of eight occupation groups experienced increased job vacancies. The biggest were for labourers – up by 2.8 per cent – and professionals, which recorded a rise of 2.7 per cent. Sales, retail, marketing and advertising vacancies went by up 1.4 per cent in November and also recorded a 4.2 per cent year-on-year climb. The number of vacancies rose across all skill levels with the largest increases occurring in unskilled jobs, which went up by three per cent, and highly skilled job vacancies – up by 2.9 per cent. Of the 10 regions, nine experienced increases in vacancies. Auckland’s was largest at 2.4 per cent. The Manawatu-Wanganui/ Taranaki region had the only decrease – down by 0.6 per cent. Vacancies in Canterbury grew by 0.5 per cent in November, but fell by 8.8 per cent over the year. David Paterson, MBIE’s labourmarket trends manager, says: “The results are consistent with improved hiring conditions reflected in ANZ’s business outlook.” This shows employment intentions have climbed over the past three months. Meanwhile, the country’s labour force is projected to keep growing, driven by an increasing population and people working until they are older, reports Statistics New Zealand. “In the short term, high net migration and the age composition of our population are contributing to a growing labour force,” says Vina Cullum, senior manager for population statistics. “Plus we are seeing more men and women aged 55 and over staying in it.” Currently, 2.5 million people are in the labour force – employed and unemployed. The new projections indicate a total labour force of 2.7m by about 2023 and 2.9m in the mid-2030s. In the longer term, however, it is likely to grow much slower. The projections indicate a total labour force of 3.1m by around 2050 and 3.2m in the 2060s. Cullum says: “In the long term, net migration is likely to be generally lower than current high levels and labour-force participation rates may not keep increasing. Our increasingly older age structure will also slow growth.” According to the new projections, which are updated every two to three years, those aged 65 and over will make up an increasing share of the labour force. In 1991, one per cent of it was aged 65-plus. It sits at six per cent at the moment and is projected to increase to 10 per cent in the late 2020s. The labour force includes people aged 15-plus who regularly work for one or more hours per week for financial gain, people who work without pay in a family business, and people who are unemployed and actively seeking part-time or full-time work. People not in the labour force include under-15s, students who do not work for pay, unemployed people not actively seeking work, some people with child-rearing responsibilities, people who work without pay and retirees. Projections indicate a total labour force of 2.7m by about 2023 and 2.9m in the mid-2030s. Subtitles Tell potential buyers why they should view your listing Appearing in search results doesn’t guarantee your listings will get read – upgrade your listings with subtitles to give buyers a compelling reason to click though. Dealers ON AVERAGE 88% MORE ENQUIRIES What do Subtitles give you? WITH SUBTITLES. Subtitle Options More Enquiries On average dealers get 88% more enquiries with subtitles. You can either write individual subtitles or choose from three generic options. Highlight Benefits Stand Out Draw attention to key selling points with 50 extra characters. Interested? DECemBER statistics *in December on Trade Me Motors GET Set your listing apart from similar cars within search results by providing extra information. Mention this advertisement to your Trade Me Motors account manager for a free one-month trial of subtitles. Call 0800 42 88 62 or email [email protected]. Most popular car makes searched* Most popular car models searched* Most popular body styles searched* Most popular makes of What the seller describes as “New motorbike searched* 1 Toyota 2 Nissan 3 Ford 4 Holden 5 Mazda 1 Hilux 2 Corolla 3 Commodore 4 Falcon 5 Golf 1 RV/SUV 2 Ute 3 Sedan 4 Station wagon 5 Hatchback 1 Honda 2 Harley-Davidson 3 Suzuki 4 Yamaha 5 Triumph Zealand’s fastest street car” has been listed for $359,000. The 2007 Lamborghini Gallardo Superleggera has a twin-turbo V10 engine and an official top speed of 315kph. The grey coupe has had three owners and its fuel economy is 17l/100km. www.autofile.co.nz 19 disputes Application dismissed after tribunal rules turbo leak was ‘wear and tear’ Background On January 30, 2015, Long Investment Ltd bought a 2007 Toyota Hiace for $19,600 from Bluestone Cars, which was trading as Keystone Cars. The buyer wanted to reject the van because it had an oil leak from its turbo assembly, which the dealer refused to repair, and wanted a refund of the purchase price paid for the vehicle. The trader said the purchaser had contracted out of the CGA and wasn’t entitled to a remedy under the legislation. The dealer added it had repaired – at the buyer’s request – four minor oil leaks in the engine and transmission. It said the claim the turbocharger was leaking and needed replacing was exaggerated given the “minor oil weep” that had appeared after seven months of use of the vehicle. The trader said it was unreasonable to expect it to replace the assembly given the van’s age, mileage and use since it was supplied. The case The dealer said the purchaser told him it was buying the van for its business as a property developer and builder. The trader marked the vehicle offer and sale agreement with a small asterisk and asked the purchaser to sign next to a clause. This stated: “The purchaser acknowledges and certifies the goods are being acquired for the purchaser’s business and, accordingly, the parties agree the CGA will not apply.” The buyer also signed a clause to acknowledge the van was being supplied for business purposes, and the provisions of the legislation wouldn’t apply under sections one and 43. The buyer said, through an interpreter, that he didn’t speak English and his son had translated for him. The trader said he couldn’t say if he thought the buyer understood that he had agreed to exclude the CGA. The purchaser told the trader in February that the vehicle was leaking oil. The trader paid Central Automatics to remove the transmission and replace the rear main seal and transmission’s front seal, and service the transmission. Later that month, the trader paid for the transmission’s rear seal and another oil leak to be fixed. The trader said he received a copy of the purchaser’s application to the tribunal in June, made contact with the purchaser and arranged for the vehicle to be taken to Central Automatics. The dealer paid to remove the front suspension and sump, clean and seal the sump, and replace the engine oil. The buyer claimed there was a leak around the turbo assembly and produced a service estimate dated August 18 from Manukau Toyota, which reported oil leaking from it and recommended it be replaced. The trader phoned Manukau Toyota, which said there was oil around the turbo but it was unsure where it was coming from, so it needed cleaning and road testing. The finding The tribunal considered – having regard to the van’s value, the purchaser’s lack of legal advice and the language difficulties between the parties – that it was fairly unlikely the purchaser understood the effect of clauses in the sales contract excluding the CGA’s provisions. Accordingly, it didn’t consider it would be fair and reasonable for them to be bound by the provision in the agreement excluding the act. The tribunal then considered the age, mileage and price paid for the van to determine if it complied with the CGA’s guarantee of acceptable quality at the time it was sold. The adjudicator found the vehicle was probably not free of minor faults or as durable as a reasonable consumer would consider acceptable because of four oil leaks found soon after it was supplied to the buyer. However, the tribunal’s assessor said slight oil weeping around the turbo assembly was common in a van of that age and mileage, and it didn’t merit the replacement of the turbo without further investigation. The vehicle was also seen in June by Central Automatics and it didn’t record a leak from the assembly. The van had travelled more than FINDING IT HARD GETTING A MESSAGE TO YOUR TARGET MARKET? 20 www.autofile.co.nz The buyer rejected The case:r the Consumer his van unde Guarantees Act (CGA) because the dealer refused to repair a specific oil leak. The trader said the purchaser agreed to contract out of the CGA and refused to fix the fault. The tribunal The decision: ’t the dealer’s ruled that it wasn responsibility to remedy the problem because the van had clocked up 17,000km since it was supplied to the buyer. r Vehicles Disputes At: The Motoland . Tribunal, Auck 17,000km in the seven months the purchaser had owned it. The tribunal ruled the oil leak around the turbo was caused by wear and tear, and it was not the trader’s responsibility to fix it. It found the vehicle failed to comply with the CGA’s guarantee of acceptable quality because of the oil leaks the purchaser experienced with the front and rear-transmission seals, the rear main seal and the sump. But the tribunal ruled the trader responded promptly to the buyer’s requests to fix these problems at its own cost. The trader didn’t accept responsibility for the oil weep from the turbo assembly, which wasn’t diagnosed until August, and the tribunal said the dealer wasn’t responsible for repairing it. It ruled the dealer remedied the vehicle’s faults for which it was responsible within a reasonable time and, as a result, there was no basis to uphold the purchaser’s rejection of the van. Order The application by the buyer to reject the vehicle was dismissed. disputes Trader’s failure to fix odometer fault caused customer to reject vehicle Background Iqbal Mohammed bought a 2003 Mercedes-Benz Avantgarde E500 with 81,778km on its clock from Buy Right Cars for $15,375 on October 4, 2014. He claimed the trader failed to rectify an intermittent fault with the odometer within a reasonable time of being required to do so and rejected the vehicle on June 22, 2015. Mohammed wanted this upheld, and the dealer ordered to refund his purchase price and consequential losses he claimed to have incurred. The trader said it had repaired the faults within a reasonable timeframe and Mohammed wasn’t entitled to reject the vehicle under the CGA. The case Mohammed contacted the trader on November 18 because the odometer had stopped displaying the distance the car had travelled. The dealer sent the vehicle to Nippon Cars for the instrument cluster to be repaired. Two months later, he contacted the trader regarding the shock absorbers, which were replaced with the dealer paying the $350 excess under the buyer’s Autosure insurance policy. A month later, Mohammed got in touch with the dealer because the odometer fault had reappeared and the air conditioning was faulty. He was asked to take it to CoolCar Air-Conditioning Centre to have the fault repaired using his Autosure policy and the trader paid the $350 excess. A new part was ordered from Germany to repair the odometer and it was installed on March 19. On May 21, Mohammed told the trader the air conditioning and dashboard clock were faulty. The buyer was advised to take the vehicle back to CoolCar for the airconditioning problem. He then delivered the car to Autohaus Auckland on June 16 when its odometer was on 88,252km – 6,474km more than when he bought it. Autohaus confirmed the charcoal flap motor in the airconditioning system was faulty and causing a clicking noise. It quoted $2,632 including GST to remove and repair the dash, and $460 including GST to replace a faulty heater duo valve. Autohaus said the rockercover gasket leaked oil and quoted $460 including GST to replace both gaskets. The report said the vehicle had a harsh transmission shift, a slight engine misfire and the clock was faulty because its hands had been fitted incorrectly. Eight months and 18 days after supply, Mohammed emailed the trader rejecting the vehicle on the grounds the odometer wasn’t fixed in an appropriate time and listed other faults with it. The trader said it didn’t accept the buyer’s rejection and had offered many times to have the car repaired. At the October 14 hearing, Mohammed produced a report from Autohaus dated September 7. This stated a diagnostic test confirmed there were communication issues between the instrument cluster and Call the transmission control unit. The report said a fault with the control unit, which transferred mileage-coded information to the cluster, was suspected and had likely been caused by incorrect coding or a faulty unit. The finding The tribunal, in determining whether the vehicle complied with the CGA’s guarantee of acceptable quality, took into account it was an 11-year-old imported MercedesBenz that had travelled 81,778km when sold for $15,375. The trader’s chronology of events showed its odometer was faulty so soon after purchase that the tribunal believed it was likely the problem existed at the time of supply. If the fault wasn’t present when the car was sold, the electrical system lacked the durability a consumer would reasonably expect. The vehicle also had issues with its shock absorbers within three months of supply, its air conditioning within four months of sale and also its clock. The tribunal found the car didn’t comply with the guarantee of acceptable quality in section six of the CGA at the time of sale because it wasn’t either free of minor faults or as durable as a reasonable consumer would regard as acceptable. The buyer took the vehicle back to the trader for the odometer display fault first and about six weeks after sale, according to the dealer. The trader paid for the fault buyer rejected The case:ldThe Mercedes-Benz his 11-year-o under the Consumer Guarantees Act (CGA) after he claimed the trader failed to remedy a problem with the odometer. The dealer said it repaired the car’s faults within a reasonable timeframe. n: The application The decisio vehicle was upheld by to reject the the tribunal. The trader was ordered to reimburse the full purchase price of $15,375 and specified costs incurred by the buyer. r Vehicles Disputes At: The Motoland . Tribunal, Auck to be diagnosed by Nippon Cars, but it didn’t fix the problem. The second time Mohammed reported the odometer display fault, the dealer allowed a component to be replaced and the instrument cluster to be reprogrammed. However, Autohaus’ report, which the tribunal accepted as reliable, stated the odometer issue remained. Although the tribunal accepted the trader agreed to Mohammed’s requests to repair the odometer, its suppliers failed to remedy the problem. It ruled the buyer needed the dealer to fix the odometer display and gave it a reasonable timeframe to do so, but the trader hadn’t done so. The tribunal found the rejection of the car occurred in accordance with section 22 of the CGA and within a reasonable time from the date of supply. Orders The application to reject the vehicle was upheld. The trader was ordered to reimburse the car’s purchase price of $15,375 and $440 for Autohaus’ reports. - we can help Getting the auto industry’s attention for more than 25 years Contact Brian McCutcheon | p: 021 455 775 | e: [email protected] www.autofile.co.nz 21 Brought to you by c the u u d Auckland Hamilton Thames o Whangarei n Tauranga Rotorua Gi sborne Napi e r New Plymouth Wanganui Palmerston North Masterton Welli n gton Nelson Blenheim Greymouth Aro xx% 4.6% Total Total imported Used Imported used Cars cars 12,598 xx ry Whangarei Auckland Hamilton Thames Tauranga Rotorua Gisborne Napier New Plymouth Wanganui Palmerston North Masterton Wellington Nelson Blenheim Greymouth Westport Christchurch Timaru Oamaru Dunedin Invercargill Whangarei Auckland Hamilton Thames Tauranga Rotorua Gisborne Napier New Plymouth Wanganui Palmerston North Wellington Nelson Blenheim DMasterton Greymouth Thames 5 e cWhangarei Auckland Hamilton e m b er 2 01 7,110 xxxx 2014: 2014:6,797 8,517 nt Total Totalnew New cars Cars 2014: xxx 12,448 xx% 1.2% Thames Whangarei 2014: 143 11.9% NEW: 69 2014: 41 68.3% USED: 284 2014: 257 10.5% USED: 81 2014: 67 20.9% NEW: 160 Tauranga Auckland NEW: 3,237 2014: 3,156 2 .6% USED: 6,267 2014: 6,327 0.9% NEW: 253 2014: 220 15.0% USED: 527 2014: 521 Rotorua Hamilton NEW: 395 USED: 739 1.2% 2014: 340 16.2% 2014: 742 0.4% NEW: 78 2014: 49 59.2% USED: 122 2014: 116 5.2% Gisborne New Plymouth NEW: 121 USED: 131 2014: 121 2014: 198 0% NEW: 32 2014: 25 28.0% 33.8% USED: 63 2014: 59 6.8% Napier Wanganui NEW: 81 2014: 93 12.9% NEW: 168 2014: 162 3.7% USED: 66 2014: 68 2.9% USED: 239 2014: 207 15.5% Masterton Palmerston North NEW: 208 2014: 161 USED: 309 2014: 275 29.2% NEW: 47 2014: 37 27.0% 12.4% USED: 64 2014: 52 23.1% Wellington Nelson NEW: 88 2014: 76 15.8% NEW: 497 USED: 237 2014: 244 2.9% USED: 886 2014: 909 2014: 487 Blenheim Westport NEW: 6 2014: 5 20.0% NEW: 71 2014: 45 57.8% USED: 14 2014: 17 17.6% USED: 43 2014: 53 18.9% Christchurch Greymouth 2014: 1,350 9.9% NEW: 16 2014: 12 33.3% NEW: 1,217 USED: 35 2014: 54 35.2% USED: 1,848 2014: 1,679 10.1% Timaru NEW: 52 2014: 36 44.4% USED: 91 2014: 125 27.2% Oamaru NEW: 11 2014: 12 8.3% USED: 27 2014: 34 20.6% Dunedin NEW: 225 2014: 143 57.3% USED: 366 2014: 309 18.4% Invercargill NEW: 78 2014: 83 6.0% USED: 159 2014: 135 17.8% VTNZ is the market leader in independent safety and service inspections. With over 80 stations nationwide, our people are experts in Entry Certification, Pre Purchase Inspections and Certificates of Fitness. Visit www.vtnz.co.nz or call 0800 88 88 69 today 22 | www.autofile.co.nz 2 .1% 2.5% DEDICATED CAR CARRIERS PORT TO DOOR SERVICE INCLUDING: NZ Customs clearance Odometer certification MPI Border inspection Delivery Nationwide Insurance Digital Photography for prior sales in NZ TWO SAILINGS PER MONTH JAPAN TO NZ LATEST SCHEDULE Port Calls Tokyo Car V1602 Morning Midas Morning V1603 Miracle V1604 Tokyo Car V1605 Moji 14 Jan – – – Osaka 15 Jan 1 Feb 14 Feb 3 Mar Nagoya 16 Jan 2 Feb 15 Feb 4 Mar Yokohama 17 Jan 3 Feb 16 Feb 5 Mar Auckland 4 Feb 18 Feb 5 Mar 20 Mar Wellington 7 Feb 22 Feb 8 Mar 4 Apr Lyttelton 6 Feb 20 Feb 7 Mar 2 Apr YOUR FIRST CHOICE IN SHIPPING Phone 0800 ARMACUP (276 2287) email [email protected] www.armacup.com www.autofile.co.nz 23 www.heiwa-auto.co.nz Imported Passenger Vehicle Sales by Make - December 2015 Make DEC'15 DEC'14 +/- % DEC'15 Mkt Share 2015 YEAR TO DATE 2015 Mkt share Imported Passenger Vehicle Sales by Model - December 2015 Make Model DEC'15 DEC'14 +/- % DEC'15 Mkt Share 2015 YEAR TO DATE 2015 Mkt share Toyota 2,868 2,842 0.9 22.8% 32,649 22.7% Nissan Tiida 770 702 9.7 6.1% 6,609 4.6% Nissan 2,576 2,476 4.0 20.4% 25,188 17.5% Mazda Demio 629 518 21.4 5.0% 5,985 4.2% Mazda 2,170 2,035 6.6 17.2% 23,563 16.4% Mazda Axela 542 516 5.0 4.3% 6,682 4.7% Honda 1,309 1,147 14.1 10.4% 15,265 10.6% Suzuki Swift 498 634 -21.5 4.0% 7,083 4.9% Subaru 667 549 21.5 5.3% 7,908 5.5% Honda Fit 434 321 35.2 3.4% 5,509 3.8% Suzuki 591 734 -19.5 4.7% 8,454 5.9% Subaru Legacy 328 309 6.1 2.6% 4,204 2.9% Mitsubishi 481 523 -8.0 3.8% 5,353 3.7% Toyota Wish 306 272 12.5 2.4% 3,498 2.4% Volkswagen 438 469 -6.6 3.5% 5,381 3.7% Mazda Atenza 292 305 -4.3 2.3% 3,473 2.4% Bmw 435 504 -13.7 3.5% 6,309 4.4% Volkswagen Golf 260 291 -10.7 2.1% 3,323 2.3% Audi 201 256 -21.5 1.6% 2,799 1.9% Toyota Estima 251 238 5.5 2.0% 2,231 1.6% Mercedes-Benz 194 221 -12.2 1.5% 2,683 1.9% Mitsubishi Outlander 250 255 -2.0 2.0% 2,711 1.9% Ford 123 147 -16.3 1.0% 1,639 1.1% Mazda Mpv 246 286 -14.0 2.0% 2,709 1.9% Volvo 84 90 -6.7 0.7% 935 0.7% Toyota Corolla 197 197 0.0 1.6% 2,499 1.7% Lexus 46 34 35.3 0.4% 615 0.4% Nissan Wingroad 193 132 46.2 1.5% 1,314 0.9% Hyundai 45 49 -8.2 0.4% 476 0.3% Toyota Vitz 189 261 -27.6 1.5% 2,653 1.8% Holden 44 26 69.2 0.3% 449 0.3% Honda Odyssey 181 200 -9.5 1.4% 2,076 1.4% Chevrolet 42 46 -8.7 0.3% 621 0.4% Nissan Murano 167 141 18.4 1.3% 1,646 1.1% Jaguar 36 41 -12.2 0.3% 448 0.3% Mazda Premacy 165 185 -10.8 1.3% 1,871 1.3% Land Rover 35 35 0.0 0.3% 423 0.3% Nissan Bluebird 161 143 12.6 1.3% 1,792 1.2% Mini 34 46 -26.1 0.3% 557 0.4% Toyota Ist 143 130 10.0 1.1% 1,579 1.1% Peugeot 20 20 0.0 0.2% 225 0.2% Toyota Prius 143 77 85.7 1.1% 1,334 0.9% Dodge 13 12 8.3 0.1% 221 0.2% Nissan Note 142 150 -5.3 1.1% 1,796 1.3% Chrysler 12 15 -20.0 0.1% 101 0.1% Nissan Dualis 141 189 -25.4 1.1% 1,727 1.2% Teana 140 129 8.5 1.1% 1,359 0.9% Porsche 12 13 -7.7 0.1% 154 0.1% Nissan Daihatsu 11 18 -38.9 0.1% 204 0.1% Subaru Outback 130 94 38.3 1.0% 1,386 1.0% Kia 11 5 120.0 0.1% 81 0.1% Honda Accord 128 139 -7.9 1.0% 1,580 1.1% Jeep 9 5 80.0 0.1% 124 0.1% Honda Stream 120 97 23.7 1.0% 1,409 1.0% Bentley 6 4 50.0 0.0% 32 0.0% Toyota Mark X 119 102 16.7 0.9% 1,476 1.0% Buick 6 4 50.0 0.0% 24 0.0% Nissan March 116 119 -2.5 0.9% 1,337 0.9% Renault 6 4 50.0 0.0% 95 0.1% Toyota Caldina 115 82 40.2 0.9% 1,158 0.8% Alfa Romeo 5 6 -16.7 0.0% 52 0.0% Honda Cr-V 111 137 -19.0 0.9% 1,169 0.8% Oldsmobile 5 4 25.0 0.0% 12 0.0% Subaru Impreza 110 97 13.4 0.9% 1,423 1.0% Rover 5 3 66.7 0.0% 30 0.0% Toyota Auris 109 128 -14.8 0.9% 1,424 1.0% Aston Martin 4 3 33.3 0.0% 21 0.0% Mazda Verisa 108 62 74.2 0.9% 1,087 0.8% Avensis 104 122 -14.8 0.8% 1,169 0.8% 36.2% 53,361 37.1% 100.0% 143,642 100.0% Citroen 3 4 -25.0 0.0% 37 0.0% Toyota Others 51 58 -12.1 0.4% 514 0.4% Others 4,560 4,688 -2.7 12,598 12,448 1.2 100.0% 143,642 100.0% Total 12,598 12,448 1.2 Total Peace of Mind. www.heiwa-auto.co.nz 24 www.autofile.co.nz www.heiwa-auto.co.nz Market strongest for 10 years F irst-time registrations of used imported passenger vehicles in New Zealand last year notched up a healthy increase compared to 2014. There were 143,642 sales in 2015 compared to 129,925 in the previous 12 months for a jump of 13,717 units – or by 10.6 per cent – for the best year since 2005 when 166,466 were sold. The top model of last year was the Suzuki Swift on 7,083 units for a market share of 4.9 per cent. It was followed by Mazda’s Axela on 6,682 and 4.7 per cent, while Nissan’s Tiida came third with 4.6 per cent thanks to 6,609 registrations. Fourth spot was taken out by another Mazda – the Demio – on 5,985 units for a 4.2 per cent share of the market. Honda’s Fit came fifth with 5,509 sales and 3.8 per cent. Toyota was 2015’s most popular marque when it came to sales of used imported cars. It secured 32,649 registrations for a 22.7 per cent market share. Nissan came second on 17.5 per cent and 25,188 units, while Mazda was third with 23,563 sales and 16.4 per cent. Honda claimed fourth with 15,265 registrations, which equated to 10.6 per cent of the total. The top five was rounded off by Suzuki on 8,454 and 5.9 per cent. There were 12,598 registrations of used imported cars last month, which was a 1.2 per cent increase over 12,448 units in the previous December. Toyota was the top marque on 2,868 units, which was a decrease of 0.9 per cent compared to 2,842 in the same month of 2014. Nissan was second on 2,576 with Mazda third on 2,170. As for models last month, the Tiida came first on 770 units – up by 9.7 per cent compared to December 2014. The Demio was second on 629 with the Axela third on 542. Autofile contacted some dealers around the country to get their views on the market. Graeme Rutherford is co-founder of Wheels on Wairau in Glenfield on Auckland’s North Shore – an established dealership specialising as the one for those with 1,500cc to 1,800cc engines.” With about 120 units on his yard, Rutherford noticed a slight decrease in sales between September and October 2015, which he says partly reflects current issues around obtaining stock from Japan. “We sold around 85 units in September and noticed a drop in October to 70,” he told Autofile. “Because we have been here a long time, word of mouth gets us through any downtimes. We are good to our customers and such Used Imported Passenger Registrations - 2013-2015 14000 13000 12000 11000 10000 9000 8000 2013 2014 7000 2015 6000 Jan Feb Mar Apr May Jun in low-mileage used imports. “We deal mainly in Toyota, Nissan and Honda, and – within those – the whole range of models,” he says. “Our price range is about $7,000 to $15,000. We tend to stock the basic economy-type cars rather than turbos or ‘go fast’ cars. It’s mainly middle-of-the-road stock. “There is still a market for 3.6-litre Holdens, but – having said that – not as large a market Jul Aug Sep Oct Nov Dec business practices will get a yard through a small downturn.” Rutherford doesn’t attribute any drop in sales entirely to the exchange rate between the yen and New Zealand dollar because he feels buyer demand is everpresent irrespective of increased prices for used vehicles. “Even with the exchange rate, if a person’s car blows up, he or she has got to buy another vehicle regardless of whether it’s $1,000 dearer than last month or not,” explains Rutherford. “In a lot of cases, we might forfeit our margins just to keep turnover going. “We went through a patch about two months ago when it was quite difficult to get stock in from Japan and our stock was reduced. “However, within the next few weeks we expect it to be back at the 120-unit mark, which is our usual size.” Greg McCracken, of Stephen Hill Motors in Hastings, says: “We have an interest in V8s. Manuals are always strong and anything not run of the mill. “We have steered away from vans because their demand hasn’t bounced back. A lot of guys now go for utes instead.” Peter Wilson, manager of Superior Cars in New Plymouth, says: “It was a tough year for both ends of the market – in New Zealand and Japan. “We have tried to maintain business by marketing effectively and giving a more personal service. Through that, we seem to be able to make ends meet. “Here in the Taranaki, we also experience regional effects of the economy, such as the dairy downturn earlier in the year and then the oil situation as well. It seems like the provinces have had it pretty average really. “We have noticed an upsurge in interest for utes. We rely on tradies and it’s like having three cars in one when it comes to double cabs. Townies still enjoy driving SUVs.” Ramp inspection before shipping contact: Kei Mikuriya • [email protected] www.autofile.co.nz 25 www.heiwa-auto.co.nz Used car imports reach 150k T he amount of used passenger vehicles crossing our wharves last year outstripped those in 2014 by 13,224 units. There were 150,862 units imported into New Zealand during 2015 for an increase of 9.6 per cent on 137,638 in the previous year. Last year’s total included 143,125 used cars coming here from Japan. Australia came second with 4,893 units with the US third on 1,041. Fourth spot went to the UK on 939 followed by Singapore on 611. Positions six to eight were taken by South Africa on 51, Germany on 37 and Canada on 25. A total of 14,725 used cars came into the country during December. The biggest month of 2015 was April with 16,155 units and the lowest total was 8,673 in September. Meanwhile, 5,607 used light commercials were imported last year compared to 5,422 in 2014. Graeme Rutherford, cofounder of Wheels on Wairau in Glenfield on Auckland’s North Shore, says sourcing stock on monthly trips to Japan has proven more difficult lately. However, he reports that sales are consistent overall. “It has got harder because of the expense of units over there at the moment,” he told Autofile. “There are quite a few other countries involved in importing from Japan as well, so there’s a lot of competition. “In saying that, our buyer over there has been dealing with that side of things for about 19 years, so we seem to be able to stay as a priority, which is a great advantage to us. “Business hasn’t been too bad. I would think people who are new to the industry would find it quite hard though.” Rusty McKnight, of Chance Cars in Rotorua, says: “I get real satisfaction out of our agents in Japan. “For example, if a car arrives here without a bolt, they will go halves with you to replace it. We have a good relationship and have dealt with them for 14 years. “We don’t like to buy from auctions. We like to have a look at a stock list and then pick the bones out of that, and sometimes the agents will ring us about suitable vehicles. “In this way, it’s easy to keep our yard stocked with what we need, especially when sales are great. We’re just swelling at the seams. “We had big people movers arriving just before Christmas. They will sell quickly and this will make up for any slower sales up until then.” Used import passenger vehicle arrivals 16000 15000 14000 13000 12000 11000 10000 2015 9000 2014 8000 7000 6000 5000 4000 3000 2013 2012 JAN FEB MAR APR MAY JUN JUL Aug Sept Oct Nov Dec Used Import Passenger Vehicles By Country Of Export 2015 2014 2013 Jan ’15 Feb ’15 Mar ’15 Apr ’15 May ’15 Jun ’15 JuL ’15 Aug ’15 Sep ’15 Oct ’15 Nov ’15 Dec ’15 Dec Share % 2015 Total 2014 TOTAL 2013 total Australia 258 407 414 359 424 449 476 406 376 412 412 500 3.4% 4,893 3,167 1,990 Great Britain 110 87 86 71 73 108 66 64 64 56 66 88 0.6% 939 1,885 2,908 9,635 9,357 14,301 15,554 13,892 12,148 11,221 11,512 8,071 11,741 11,743 13,950 94.7% 143,125 130,770 100,784 Singapore 30 30 17 48 55 57 77 45 60 60 57 75 0.5% 611 252 146 Usa 80 58 121 92 77 77 92 82 84 101 92 85 0.6% 1,041 1,278 1,205 Country of Export Japan Other countries Total 26 24 25 31 10 25 12 20 18 18 17 27 0.2% 253 286 251 10,139 9,963 14,964 16,155 14,531 12,864 11,944 12,129 8,673 12,388 12,387 14,725 100.0% 150,862 137,638 107,284 www.heiwa-auto.co.nz contact: Kei Mikuriya [email protected] 26 www.autofile.co.nz CHOICE 100,000 vehicles per month Proud to sponsor the SecondHand Car Sales Statistics Private sales exceed half of total C hanges of ownership for second-hand passenger vehicles in 2015 came in at 862,949 units. Public-to-public transactions accounted for 57.8 per cent of the total meaning 498,436 were traded outside car dealerships. Sales by registered traders amounted to 209,989, or 24.3 per cent, while there were 154,524 tradeins, which came in at 17.9 per cent. There were 18,197 registrations recorded by dealers last month compared to 17,894 in December 2014 – an increase of 1.7 per cent. The respective totals for publicto-trader transactions were 12,910 and 13,084 for a 1.3 per cent drop. Private sales totalled 41,235 last month. This was a three per cent increase on 40,044 over the same timescale. The biggest proportional rise in dealer-to-public business was reported in Rotorua where they went up by 14 per cent from 285 to 325. Napier was second with a 10.5 per cent jump from 579 to 640. “Lots of dealerships are doing the same thing, so for us it comes down to sourcing later-model and low-kilometre cars,” says Greg McCracken, dealer principal of Stephen Hill Motors. “We don’t deal in the lower bracket of the market so that balances out the competition. “Our Hastings yard carries 120 or so units and Napier is similar. SUV sales and commercials are always strong here. “We don’t tend to source them from Japan – apart from a few SUVs – but instead maintain a supply of New Zealand used commercials. “We look for units that have a bit of an x-factor to them. We look for vehicles with something different about them, so we have a point of difference from other yards up the street. “We try to avoid the peoplemover theme as much as possible and focus on more unique models.” The biggest decrease in dealer transactions in December was seen in Oamaru where they tumbled by 44.7 per cent from 94 to 52. Westport was next with a 36.8 per cent decrease to 24 from 38. As for trade-ins, the biggest increase – of 9.5 per cent – was seen in Masterton where they rose from 95 to 104. Wanganui was second by going up from 102 to 111, or by 8.8 per cent. No public to-dealer transactions were recorded in Westport last month, while they fell by 36.7 per cent – from 885 to 560 – in Palmerston North. The next biggest drop was 27.8 per cent in New Plymouth from 248 units to 179. Secondhand car sales - December 2015 Dealer-To-Public Public-To-Public Public-To-Dealer Dec '15 Dec '14 +/- % MARKET SHARE Dec '15 Dec '14 +/- % Dec '15 Dec '14 +/- % 599 564 6.2 3.29 1,852 1,844 0.4 262 269 -2.6 Auckland 6,491 5,944 9.2 35.67 14,356 13,634 5.3 4,960 4,800 3.3 Hamilton 1,467 1,405 4.4 8.06 3,241 3,228 0.4 1,207 1,141 5.8 Whangarei Thames 217 235 -7.7 1.19 580 489 18.6 83 85 -2.4 Tauranga 956 969 -1.3 5.25 2,000 2,003 -0.1 598 632 -5.4 Rotorua 325 285 14.0 1.79 917 695 31.9 94 105 -10.5 Gisborne 179 168 6.5 0.98 347 367 -5.4 92 104 -11.5 Napier 640 579 10.5 3.52 1,480 1,374 7.7 425 394 7.9 New Plymouth 394 386 2.1 2.17 900 912 -1.3 179 248 -27.8 Wanganui 167 178 -6.2 0.92 509 444 14.6 111 102 8.8 Palmerston North 759 850 -10.7 4.17 1,519 1,602 -5.2 560 885 -36.7 Masterton 200 180 11.1 1.10 385 385 0.0 104 95 9.5 Wellington 1,584 1,501 5.5 8.70 2,816 2,773 1.6 1,182 1,176 0.5 -6.6 Nelson 307 358 -14.2 1.69 954 957 -0.3 256 274 Blenheim 190 188 1.1 1.04 396 398 -0.5 117 116 0.9 Greymouth 86 103 -16.5 0.47 191 213 -10.3 33 49 -32.7 -100.0 Westport Christchurch Timaru 24 38 -36.8 0.13 68 82 -17.1 0 1 2,218 2,462 -9.9 12.19 5,320 5,282 0.7 1,766 1,632 8.2 243 241 0.8 1.34 512 543 -5.7 144 149 -3.4 -20.8 Oamaru 52 94 -44.7 0.29 149 247 -39.7 19 24 Dunedin 694 749 -7.3 3.81 1,783 1,660 7.4 450 478 -5.9 Invercargill 405 417 -2.9 2.23 960 912 5.3 268 325 -17.5 18,197 17,894 1.7 100.00 41,235 40,044 3.0 12,910 13,084 -1.3 NZ total Consumer Guarantees Act 1993 Motor Vehicle Sales Act 2003 Sale of Goods Act 1908 Fair Trading Act 1986 Energy Efficiency and Conservation Act 2000 Compliance made simple... since 1999 ph 0800 668 679 www.motorweb.co.nz www.autofile.co.nz 27 new car sales New Passenger Vehicle Sales by Make - December 2015 Make Dec'15 Dec'14 +/- % Dec'15 Mkt Share 2015 YEAR TO DATE New Passenger Vehicle Sales by Model - December 2015 2015 Mkt share Make Model Dec'15 Dec'14 +/- % Dec'15 2015 YEAR Mkt Share TO DATE 2015 Mkt share Toyota 1,608 1,888 -14.8 22.6% 17,963 18.9% Toyota Corolla 471 773 -39.1 6.6% 6,516 6.9% Holden 758 790 -4.1 10.7% 10,247 10.8% Toyota Rav4 461 309 49.2 6.5% 3,522 3.7% Mazda 588 528 11.4 8.3% 8,707 9.2% Suzuki Swift 264 229 15.3 3.7% 2,375 2.5% Ford 532 370 43.8 7.5% 6,071 6.4% Toyota Highlander 248 270 -8.1 3.5% 2,542 2.7% Mitsubishi 493 405 21.7 6.9% 5,654 5.9% Mazda Cx-5 189 194 -2.6 2.7% 2,583 2.7% Suzuki 430 359 19.8 6.0% 4,377 4.6% Toyota Yaris 183 251 -27.1 2.6% 2,502 2.6% Nissan 416 352 18.2 5.9% 4,733 5.0% Holden Captiva 160 207 -22.7 2.3% 2,459 2.6% Hyundai 413 404 2.2 5.8% 7,686 8.1% Nissan X-Trail 148 99 49.5 2.1% 1,555 1.6% 0 14600.0 Kia 245 176 39.2 3.4% 3,260 3.4% Hyundai Tucson 146 2.1% 442 0.5% Mercedes-Benz 223 94 137.2 3.1% 2,095 2.2% Mazda Mazda3 142 127 11.8 2.0% 2,507 2.6% Volkswagen 223 184 21.2 3.1% 3,780 4.0% Mitsubishi Asx 135 83 62.7 1.9% 1,571 1.7% Honda 149 190 -21.6 2.1% 3,613 3.8% Holden Commodore 135 222 -39.2 1.9% 2,714 2.9% Bmw 132 119 10.9 1.9% 1,954 2.1% Holden Cruze 133 162 -17.9 1.9% 1,554 1.6% Jeep 102 122 -16.4 1.4% 1,438 1.5% Mitsubishi Lancer 133 66 101.5 1.9% 1,156 1.2% Subaru 100 155 -35.5 1.4% 2,268 2.4% Nissan Qashqai 131 138 -5.1 1.8% 1,573 1.7% Fiat 83 184 -54.9 1.2% 800 0.8% Mitsubishi Outlander 126 180 -30.0 1.8% 1,789 1.9% Ssangyong 67 58 15.5 0.9% 1,533 1.6% Holden Barina 115 69 66.7 1.6% 1,159 1.2% Audi 66 96 -31.3 0.9% 1,766 1.9% Ford Focus 100 129 -22.5 1.4% 1,037 1.1% Land Rover 64 23 178.3 0.9% 919 1.0% Nissan Pulsar 93 34 173.5 1.3% 686 0.7% Volvo 62 14 342.9 0.9% 505 0.5% Mazda Cx-3 92 0 9200.0 1.3% 970 1.0% Lexus 61 40 52.5 0.9% 641 0.7% Mazda Mazda2 91 156 -41.7 1.3% 1,489 1.6% Renault 56 8 600.0 0.8% 231 0.2% Volkswagen Golf 90 65 38.5 1.3% 1,381 1.5% Dodge 40 40 0.0 0.6% 627 0.7% Ford Mondeo 83 10 730.0 1.2% 958 1.0% Santa Fe 83 81 2.5 1.2% 2,042 2.1% Skoda 39 38 2.6 0.5% 1,007 1.1% Hyundai Peugeot 33 48 -31.3 0.5% 759 0.8% Honda Jazz 82 114 -28.1 1.2% 1,890 2.0% Mini 28 28 0.0 0.4% 615 0.6% Suzuki Vitara 82 0 8200.0 1.2% 337 0.4% Isuzu 14 2 600.0 0.2% 201 0.2% Ford Kuga 78 62 25.8 1.1% 1,199 1.3% Chery 13 15 -13.3 0.2% 201 0.2% Ford Territory 78 57 36.8 1.1% 936 1.0% Citroen 13 14 -7.1 0.2% 223 0.2% Holden Trax 77 38 102.6 1.1% 908 1.0% Jaguar 10 4 150.0 0.1% 175 0.2% Kia Sportage 75 74 1.4 1.1% 1,128 1.2% Alfa Romeo 9 5 80.0 0.1% 105 0.1% Toyota Landcruiser Prado 73 15 386.7 1.0% 849 0.9% Yamaha 8 5 60.0 0.1% 108 0.1% Kia Rio 72 18 300.0 1.0% 581 0.6% Porsche 7 3 133.3 0.1% 444 0.5% Ford Mustang 68 1 6700.0 1.0% 76 0.1% Tesla 7 0 700.0 0.1% 21 0.0% Fiat Punto 62 171 -63.7 0.9% 449 0.5% Camry 59 195 -69.7 0.8% 865 0.9% Maserati Others Total 4 1 300.0 0.1% 66 0.1% Toyota 14 35 -60.0 0.2% 304 0.3% Others 2,352 2,198 7.0 33.1% 38,797 40.8% 7,110 6,797 4.6 100.0% 95,097 100.0% Total 7,110 6,797 4.6 100.0% 95,097 100.0% From the rising sun to the long white cloud The history of used car importing to New Zealand 28 www.autofile.co.nz new car sales Fierce competition with new models S ales of new passenger vehicles came in at 95,097 during 2015. This was a 4.9 per cent increase on the previous year’s total of 90,632, or by 4,465 units. Toyota completed a onetwo in the models ladder with the Corolla securing 6,516 registrations to take out 6.9 per cent of the car market, according statistics published by the NZTA. Its RAV 4 finished second with 3,522 and 3.7 per cent, and Holden’s Commodore came third on 2,714 sales and 2.9 per cent. The competitive nature of 2015’s market was illustrated by only 81 registrations separating positions four through to seven. Mazda’s CX-5 sold 2,583 units and fifth spot was taken out by Toyota’s Highlander on 2,542. There were 2,507 Mazda 3s registered and the Toyota Yaris finished on 2,502. Holden’s Captiva was eighth with 2,459, the Suzuki Swift sold 2,375 units and the top 10 was completed by Hyundai’s ix35 on 2,190. Toyota was the best-selling marque of 2015 when it came to new passenger vehicles on 17,973 units to claim 18.9 per cent of the market. Holden was second with 10,247 sales for 10.8 per cent. Mazda took out third spot with 8,707 and 9.2 per cent. Ford was fourth thanks to 6,071 registrations for a market share of 6.4 per cent, while Mitsubishi rounded off the top five on 5,654 and 5.9 per cent. One of last year’s high-riding performers was Mazda, which topped 10,000 sales in a calendar year for the first time to claim fourth spot for overall registrations in addition to third for new passenger vehicles. The marque also had its best December on record with a total of 685 overall deliveries to extend its record retail performance to 23 consecutive months. “It was a highly successful year and one the company is proud of,” says Andrew Clearwater, managing director of Mazda NZ. He adds the combination of a “great line-up of vehicles” and the marque’s hard work resulted in “a winning combination that It secured the title for 2015 by 141 registrations in a closefought race – 2,095 units to 1,954 – while Audi came third on 1,766. The results for last year were in stark contrast to 2014 when BMW topped the ladder with 2,132 registrations, Audi was second on 2,075 and MercedesBenz came third on 1,813. “I wish to thank customers who entrusted our brand in 2015 and recognised it as the best in the luxury market,” says Ben Giffin, general manager of Mercedes-Benz Cars NZ, who New Passenger Registrations - 2013-2015 10000 9500 9000 2013 2014 2015 8500 8000 7500 7000 6500 6000 5500 Jan Feb Mar Apr May Jun helped us to deliver our best year ever”. The company also secured 20plus major automotive awards in 2015 “and widespread success across the dealer network with a number achieving record sales results”. In another notable development, Mercedes-Benz wrestled the number-one spot in New Zealand for luxury marques from BMW. Jul Aug Sep Oct Nov Dec adds the company experienced year-on-year expansion in many segments. Meanwhile, Toyota took out of the top four spots in 2015’s market for sales of new rental cars. This sector was predictably dominated by the Corolla securing 20 per cent of all sales to rental companies on 3,415 units, while the RAV 4 came second on 1,665 and 10 per cent. The Highlander was third on 1,418 and the Yaris fourth on 942. The rentals top five was rounded off by Holden’s Commodore on 931 units. As for the last month of last year, 7,110 new cars were registered for the biggest December since 1976 and a 4.6 per cent increase over 6,797 sales in December 2014. The Corolla was the top model on 471 units, but this was a 39.1 per cent decrease compared to 773 in the same month of the previous year. The RAV 4 came second with a 49.2 per cent jump to 461 and the Swift was third with a 15.3 per cent rise to 264. One new entrant to the market – Ford’s Mustang – is attracting widespread attention in the industry and sold 68 units in December, its first full month of availability. Neil Smith, dealer principal of Grey Ford in Greymouth, says: “We are a small dealership, but have had a lot of inquiries about the new Mustang and have a good order book for it. “There is high interest and it’s a bonus if you have something like the Mustang, and it’s also great for our staff and the Ford team. “The public is being wowed by the marketing, and there’s a lot of hype and excitement around it. People have been waiting to see them in the showroom.” Last month’s best-selling marque was Toyota with 1,608 registrations, which were down by 14.8 per cent compared to December 2014. Orders are now being received for this limited print run hardcover book – a fantastic gift or just to have in the office or showroom Priced at $59.50 including post and packaging Visit www.autofile.co.nz/book and fill in the order form now, email [email protected] or phone 021 455 775 www.autofile.co.nz 29 new cars Total 6 66.7 3 33.3 9 Audi 40 60.6 26 39.4 66 BMW 44 33.3 88 66.7 132 Chery 13 100.0 0 0.0 13 Chrysler 1 50.0 1 50.0 2 Citroen 8 61.5 5 38.5 13 Dodge 11 27.5 29 72.5 40 Fiat 39 47.0 44 53.0 83 Ford 193 36.4 337 63.6 530 Holden 362 47.8 396 52.2 758 Honda 121 81.2 28 18.8 149 Hyundai 147 35.6 266 64.4 413 Isuzu 5 35.7 9 64.3 14 Jaguar 4 40.0 6 60.0 10 Alfa Romeo Jeep 80 78.4 102 53.1 115 46.9 245 Land Rover 33 52.4 30 47.6 63 Lexus 21 34.4 40 65.6 61 4 100.0 0 0.0 4 323 55.2 262 44.8 585 60 26.8 164 73.2 224 9 32.1 19 67.9 28 Mitsubishi 189 38.3 304 61.7 493 Nissan 211 50.7 205 49.3 416 Peugeot 21 63.6 12 36.4 33 Porsche 5 71.4 2 28.6 7 Renault 5 8.9 51 91.1 56 Skoda 16 41.0 23 59.0 39 SsangYong 40 59.7 27 40.3 67 Subaru 42 42.0 58 58.0 100 Suzuki 331 76.8 100 23.2 431 Toyota 218 13.6 1,390 86.4 1,608 Volkswagen 87 10000 38.3 140 61.7 227 Volvo 18 0 95029.5 43 70.5 61 Other 1 33.3 0 900 2 66.7 3 Mazda Mercedes-Benz Mini Total 2,780 39.2 0 850 4,305 60.8 7,085 westport thames napier wanganui gisborne timaru c t o b e r 2 0 13 7500 new 100.0% 51.2% 34.1% Blenheim nelson rotorua 27.7% 26.8% 23.7% 9000 2 M J F M A M Used J J A westport Masterton timaru Used 6000 Used 8545 5000 New 7962 7000 6000 3000 2000 South Island Nov ‘12 SEP ‘13 Oct ‘13 JuL ‘13 AuG ‘13 JuN ‘13 MAy ‘13 FEb ‘13 APr ‘13 MAr ‘13 JAN ‘13 APr ‘13 1000 4000 FEb ‘13 Oct Nov Dec y Jun Jul Aug Sep Jan Feb Mar Apr Ma North Island 4000 5000 Nov ‘12 5500 en North IslaNd versus south IslaNd 8000 DEC ‘12 6000 mo am 1,4 th 11 7000 JAN ‘13 2012 Oc hig Used Vehicle RegistRatiOns New versus used MAr ‘13 6500 PassengeR Vehicle RegistRatiOns 10000 DEC ‘12 2013 S Biggest decreases new ConneCt & engage 7000 I co d Tauranga Rotorua Gisborne Napier New Plymouth Wanganui Palmerston North Masterton Wellington Nelson Blenheim Greymouth Whangarei AucklandoHamilton Thames Tauranga Rotorua 8000 8500 Used imPORt PassengeR Vehicle RegistRatiOns by city aucklaNd, wellINgtoN, chrIstchurch 4500 hamIltoN, tauraNga, duNedIN, PalmerstoN North 8000 4320 600 4000 30 www.autofile.co.nz 3000 Auckland 2000 500 7500 Hamilton 400 2500 7000 icles sold 3500 hicles sold *Business sales include rental and government sales, and the totals include passenger cars and SUVs. SOURCE: MIA Maserati try 21.6 T oyota New Zealand is the market in regards to changing aiming to make it 29 years consumer trends. in a row as the country’s “Good luck to Ford with that, number-one brand. but our strategic focus is based “Last year was our 28th on Toyota’s presence in many consecutive year of market different segments,” he says. leadership and we were very “The strength of our brand is not pleased with our results,” says watching the scorecard. Steve Prangnell, general manager “Corolla sales in 2015 were more of sales and operations. than we anticipated and above our He reports registrations of all targets, as were the Hilux’s.” new Toyota and Lexus vehicles When it comes to different came in at 26,967 units for the buyer types, Toyota finished last company’s fourth sales record in a year top of the ladder for private, row while maintaining market share. fleet, rental and government sales. For example, Toyota sold Prangnell notes the marque 17,963 new passenger vehicles in gained plenty of traction with 2015 for an 18.9 per cent share, private buyers and there was a while Lexus finished on 641 and lot of movement in the market, 0.7 per cent. which saw Mazda’s increase. “We launched a number “We are focused on all of products in 2015 and our segments and secured 12.5 per dealerships had a very profitable cent of private registrations – year,” Prangnell told Autofile. good enough to secure number “Our sales even during December one for that.” were great, especially with He adds Toyota’s private sales commercials, and results across are likely to increase further this the market held up. year following the new Hilux’s “When it comes to this year, introduction at the end of 2015, there is no room for complacency the Fortuner SUV’s arrival and the and we intend to have similar launch of more hybrids. volumes. Unless someone else sells Prangnell is also pleased with 27,000 units in 2016, we plan to Lexus’ performance by finishing make it our 29th year at the top.” fourth in the luxury market last The Corolla lost its title as year and exceeding targets New Zealand’s most popular new to claim eight per cent in its The TRUSTED online vehicle to Ford’s Ranger in 2015. segment. Visit www.autofile.co.nz wholesale trading site. autopohave rt.net for more of his views. Prangnell notes it doesn’t the same legacy as the Hilux and t h e As for December, the Motor Whangarei Auckland Hamilton Thames Tauranga Rotorua GisborneIndustry Napier New Plymouth has come second to the likes of Palmerston Biggest increases/Decreases Wanganui North Masterton Wellington Association reports By town year-on-year Blenheim Greymouth4,305 Whangarei Auckland (OctOber Holden’s Commodore in theNelson past, new cars out of 7,085 – 2013 or vs OctOber 2012) Hamilton Thames Tauranga Rotorua Gisborne Napier New Plymouth Wanganui Palmerston North Biggest increases while what model comes top often 60.8 per cent – were sold to Masterton Wellington Nelson Blenheim Greymouth Westport Christchurch Timaru Oamaru Dunedin depends on what’s happening businesses. Invercargiin ll Whangarei Auckland Hamilton Thames un 22 130 Kia All segments targeted by top-selling marque SEP ‘13 % Business JuL ‘13 Business AuG ‘13 % Private JuN ‘13 Private MAy ‘13 Make Aroun Passenger Car and SUV Sales by Private/Business split 300 Tauranga new vehicles Predictions for the year ahead T he market for new motor vehicles has peaked and looks set to decline in 2016 from last year’s record sales, according to Infometrics. Mieke Welvaert, an economist with the consultancy company, expects rising prices to hit sales next year. “We expect the New Zealand dollar to weaken further against the Japanese yen through this year,” he says. “That will start pushing up car prices even more and that will be a further factor for why people will be buying less.” With growth slowing over the past year, Welvaert believes the long-anticipated peak in sales has arrived with waning business and consumer confidence expected to contribute to a decrease in registrations during 2016. He notes growth in sales of new cars continued to soften towards the end of last year with registrations of small vehicles still sliding and now sitting below their peak in April 2015. “Growth in new large-car registrations has been slowing over the past few months and we expect this trend to continue. New car sales are expected to peak early this year.” Welvaert anticipates a slowdown in sales of light commercials and says the annual total of their registrations is likely to drop below 30,000 by mid2016 as business investment cools. He predicts sales of heavy trucks to continue their “broadly downward trajectory” over the months ahead and medium-sized truck sales to cool more quickly in 2016. “A weaker New Zealand dollar against the yen and softer outlook for goods exports are expected to see freight operators slow down on new purchases.” Last year’s sales of 134,041 new vehicles, according to Motor NEW VEHICLE SALES BY BUYER TYPE - December 2015 NEW VEHICLE MARKET SEGMENTATION - December 2015 Dec '15 Dec '14 Mth % 2015 YTD 2014 YTD % YTD Dec '15 Dec '14 Mth% diff 2015 YTD 2014 YTD Passenger 3,460 3,960 -12.6 49,077 52,471 -6.5 Passenger 3,460 3,960 -12.6 49,077 52,471 -6.5 Private 1,440 1,287 11.9 18,328 18,932 -3.2 SUV 3,625 2,795 29.7 45,405 37,660 20.6 Business 1,289 1,390 -7.3 20,258 23,004 -11.9 Light Commercial 2,555 2,410 6.0 33,683 31,408 7.2 Heavy Commercial 517 365 41.6 4,933 4,969 -0.7 88 46 91.3 943 641 47.1 10,245 9,576 7.0 134,041 127,149 5.4 Gov’t 147 88 67.0 2,231 2,292 -2.7 Rental 584 1,195 -51.1 8,260 8,243 0.2 SUV 3,625 2,795 29.7 45,405 37,660 20.6 Other Total market Private 1,340 1,034 29.6 17,200 14,552 18.2 Micro 131 134 -2.2 1,988 1,841 8.0 1,555 1,152 35.0 20,353 18,548 9.7 Light 1,103 1,256 -12.2 14,395 14,592 -1.4 43 46 -6.5 719 743 -3.2 Small 1,392 1,660 -16.1 19,611 22,689 -13.6 86.9 Medium 407 536 -24.1 6,979 6,948 0.4 Large 205 259 -20.8 4,126 4,384 -5.9 4 23 -82.6 215 313 -31.3 44 58 -24.1 684 700 -2.3 34 411.8 1,079 1,004 7.5 662 25.2 13,125 10,245 28.1 1,544 1,168 32.2 16,407 14,144 16.0 1,209 939 28.8 15,393 12,819 20.1 26 65.4 480 452 6.2 37 108.1 813 581 39.9 687 22.0 7,133 3,817 2,555 2,410 6.0 33,683 31,408 7.2 700 684 2.3 8,457 7,481 13.0 1,611 1,581 1.9 22,622 21,834 3.6 xxxxxxxxx Industry manages levels well Annual high for stockpile Business dropped to this year’s low of Gov’tthat 120 18,653 in January. tock levels of new cars have increased every month except one this year, with ctober’s total of 29,509 being the David Crawford, chief executive officer of the Motor Industry Association (MIA), says current models aren’t sitting around in Rental 124 57 9,165 stock levels quite well and does this Private 3,480 day in, day out,” he told Autofile. 3,005 Sub Totalstock for too long. “The industry tends to manage “My data suggests this is a cyclical thing and levels were no higher in previous years, but they Business 4,455 4,123 310 222 Gov’t Dealer stock of new cars in New Zealand - Oct 2013 Rental NeW CArS SoLd Imported 1,395 dAyS AVerAge SALeS per StoCk dAy - ytd At hANd StoCk VArIANCe 12,984 Heavy Commercial (2,473) 10,511 242 43 223 55 MIA stock estimate as at end of December 2011 7,368 5,633 1,735 729 12,975 218 59 Apr ‘12 6,499 7,228 Other 5,430 6,285 12,246 855 13,830 209 66 May ‘12 7,742 5,942 1,800 15,630 205 76 7,142 1,728 17,358 211 8,870 Total 7,894 6,208 1,686 19,044 52.0% ‘12 Aug 8,589 5,959 2,630 21,674 207 105 Sep ‘12 6,828 6,637 191 21,865 209 105 Oct ‘12 8,155 7,336 819 22,684 211 107 Nov ‘12 41.7% Dec ‘12 20.0% ytd total 12.4% 8,953 6,484 2,469 25,153 212 119 6,102 1,714 26,867 211 128 76,871 13,883 25,594 27,077 216 28,159 214 132 509 28,668 220 1,654 30,322 220 130 21 Oct 80 138 4,237 Yokohama 6,828 6,347 Jun ‘13 8,051 7,542 Nagoya Jul ‘13 8,423 Aug ‘13 11,065 Sep ‘13 7,006 Oct ‘13 9,362 43,985 734 66.6 121,539 5.5 63,233 63,386 -0.2 4,331 4,394 -1.4 -23.1 16,616 41.6 4,933 91.3 943 7.0 134,041 SUV Medium SUV Large gone up. has There have been two major increases during 2013 – with variances between imports and sales of 3,121 in April and 2,507 in May. Graeme Macdonald, chairman of the North Island branch of the Imported Motor Vehicle Industry Association, says the current stockpile should correct itself – as it normally does. “If the monthly stockpile was 10,000 on a regular basis it means there are solid holding numbers,” he told Autofile. “North of that and we would be looking at an 8.1 Christchurch. “If you add in Dunedin and Wellington, these centres cover a large proportion of the population and all have strong economies.” Year to date, 77,438 new cars have been imported and 68,612 have been registered to give a variance of 8,826 so far this year. Days with stock at hand has been steadily increasing from 78 in SUV Small 7,494 in September. 7.4 40,965 other 39.6 other centres. “But 80 per cent of New Zealand’s population is in Auckland and 6,769 238 26,065 223 34,559 220 7,272 (266) 34,293 222 Auckland 1,400 7,962 35,693 226 - - - - - - 125 120 20 Oct 100 157 22 Oct 60 12,794 29.9 4,969 -0.7 641 47.1 127,149 5.4 “October and November are normally difficult for the industry, so the stockpile tends to go up,” says Macdonald. “But trade swings up over Christmas and the holidays, so it goes down. “December and January are good months for sales because people take time off work, the kids are off school and people may have Christmas bonuses or holiday pay. “It’s a time when Kiwis tend to make financial decisions, so dealers need to have plenty of stock to SUV Upper Large Light Buses Vans 16 Nov PORT TO DOOR SERVICE INCLUDIN G: WE BE LOOKING AT SHOULDN’T MPI Border inspection Odometer certification Digital Photography for prior sales in NZ GENEROUS REWARDS PROGRAMME Ship your motor vehicles on Armacup vessels and you can earn seamiles points for with 30 to 40 cars. “They can suddenly be selling without having bought for a few weeks and being 10-15 units down makes them more susceptible,” 43 says Macdonald. “Dealers then jump online to buy more from Japan, but that’s 77 Heavy Commercial always been the way. “You can oversupply when buying conditions are good, but the marketplace normally corrects itself by pulling back from Japan or selling down. The numbers might drop for a month or two before trundling up again. “There’s no magic supply-chain miracle. When it’s slow, it tends to be slow for everybody. If you can get good supply with a good exchange rate, everyone benefits.” 379 280 35.4 5,059 5,399 -6.3 8.0 10,539 9,596 9.8 -4.4 206 26 17,272 15,832 9.1 210 21 4,933 4,969 -0.7 47.1 Dealer stock of used car imports in New Zealand - Oct 2013 848 Imported Total stock at the end of December Pick Up/Chassis Cab 4x4 1,251 3,191 Jan ‘12 Other Total market Dec oct nov sep JUL aUG JUn apr may Feb mar 8,826 0 Jan 20 Dec 40 - 7 Nov oct 158 13- Nov nov 68,612 Lyttelton 82,380 - 154 829 Pick Up/Chassis Cab 4x2 2012 go to www.autofile.co.nz/subscribe for the latest industry news TARGETED ADVERTISING SPACE Wellington - sep 77,438 6,800 5,908 Osaka 24,837 JUL - (2,030) Port 1,228 5,799Calls aUG Dec ‘13 290 15.8 1.6 Days of stock (471) 7,429 26 | www.autofile.co.nz 128,165 1,359 LATEST SCHEDULE 1,082 7,391 May ‘13 - 180 1,483 6,329 Apr ‘13 Oct ‘13 9,576 160 104 Hoegh Xiamen 117 140 115V20 222 Mar ‘13 495 1,223 5.2 T Subscribe - FREE 26,867 7,385 7,027 Nov ‘13 dAyS AVerAge SALeS per StoCk dAy - ytd At hANd StoCk VArIANCe Feb ‘13 h 117.5 hot, SUVs are. “People in the housing market are refinancing their mortgages to buy big-ticket items especially when they are confident about keeping their jobs.” All that said, some of the regional centres, such as Hawke’s Bay and Palmerston North, aren’t showing as much growth as JUn Imported 2013 predicted sales 1,381 174 units, are more static with their holding not changing too much. A drop of 50 units may not be too drastic. But stock can vary enormously by proportion on yards Feb ‘12 Mar ‘12 517 6,504 4,920 785 USed ImportS VArIANCe SoLd 2011 StoCk 1,308 (3,184) 6,375 8,579 (1,080) 4,315 6,000 6,429 36575 5,395 4,390 dAyS AVerAge SALeS per StoCk dAy - ytd At hANd 209 41.6 21 88 46 91.3 943 641 10,245 9,576 7.0 134,041 127,149 5.4 17% 850 wds Payment protection NeW CArS SoLd 5,355 ytd total 36.4 Sports 1996, it has ebbed and flowed.” Used car stock levels are traditionally based on what’s happening in Japan and what consumers are buying here. Conditions there have improved recently and the exchange rate he amount of stock held by used car dealers during October was the highest monthly total of the year. There were 10,374 units imported last month with a variance of 1,829 on 8,545 sales. The number of cars in stock amounted to 9,323 compared to 25 206 5,126 736 match demand. 5,877 6,613 Apr ‘12 29 208 6,026 900 6,793 “When the market’s down in 7,693 May ‘12 33 208 6,789 763 6,184 Japan, stock is hard to get. When 6,947 Jun ‘12 26 209 5,483 (1,306) 6,641 5,335 it’s buoyant, you tend to buy what Jul ‘12 oversupply issue. 21 210 4,402 (1,081) 6,621 5,540 you can because you don’t know Aug ‘12 “There was good buying in Japan 18 209 3,686 (716) 6,222 5,506 what will be available next time. Sep ‘12 March, and we saw high arrival New Passeinnger 12 211 2,507 Vehic (1,179) 6,867 leMay 5,688 Sales also need to bear in Oct ‘12 “Dealers by and June. Make April, in numbers Novem October. in 131 to ber 2013 weeks to New January 18 213 3,810 1,303 7,183 8,486 to six four ‘12 nger Vehic Nov takes Passe it mind at more occurs stockpile “The Make le Sales7,119 Last year 90,754 units were by Mode 14 Nov '13 215 (705)l - 3,105 Nov '12 Novem Nov '13 6,414 ber ” +/‘12 Dec Japan. 2013 % from stock get 2013 Mkt certain times of the year. Since Mkt Share 2013 total imported and there were 76,871 (5,474) 78,311 Share 72,837 Model say 300 Make ytd total Toyota Larger operations, of in Nov '13 Nov '12 +/back into the I came1746 Nov Mkt 2013 2013 Mkt 1190industry46.7 % sales for a variance of 13,883. 23.4% Share total 14670 19.3% Share dAyS Holden AVerAge Toyota Corolla 685 USed ImportS 673 StoCk SALeS per StoCk 1.8 35.5 Imported626 SoLd462 VArIANCe 9.2%import8102 cars 8.4% dAy5283 2013 Days stock in nZ - UseD hANd 10.7% - ytd At 6.9% Ford Toyota Days stock in nZ - new cars RAV4 618 596 289 3.7 80 261.3 8.3% 3105 3.9% 2521 6519 at the end of December 2012 8.6% 3.3% Hyundai 180 Holden Total stock Commodore 572 624 260 -8.3 0.7 171 239 7.7% 176 52.0 (2,929) 7,397 4,468 6695 3.5% 2399 8.8% 3.2% Mazda Mazda Jan ‘13Cx-5 160 512 6 243 485 1,501 1,325 6,922 239 8,247 5.6 141 Feb ‘13 6.9% 69.5 5447 3.2% 1989 7.2% Sepang Express Morning Miracle Nissan 11 243 2.6% Toyota Mar ‘13 2,772 1,271 7,581 Liberty 140 382 8,852 yaris 281 35.9 227 267 -15.0 5.1% 3342 4.4% 5,893 2235244 2.9%24 3,121 3.0% 7,418 Suzuki V9 10,539 V5 Suzuki Apr ‘13 V1 Swift 120 376 405 -7.2 2013 218 34 250 5.0% 254 8,400 2,507 2.9% 8,460 -14.2 4436 10,967 May ‘13 5.8% 2750 Mitsubishi 3.6% Ford 351 34 Mondeo 252 272 30 Oct 8,627 227 7,862 29.0 8,089 15 Nov 184 Jun ‘13 4.7% 29100Nov 98 87.8 3661 2.5% 1201 261 1.6%29 4.8% Honda 7,621 (1,006) Hyundai Jul ‘13 9,629 310 8,623 ix35 312 -0.6 80 168 4.2% 81 107.4 (13) 2.3% 2994 31 Oct 3.9% 7,608 1338 263 1.8% 29 16 Nov Volkswagen 8,648 8,635 30 Nov ‘13 Aug Mitsubishi 288 261 Lancer 2012 10.3 29 168 262 3.9% 60 7,494 (114) 7,615 84 3527 7,501 100.0 Sep ‘13 4.6% 2.3% 894 Toyota 202 1 Nov 263 1.2% 35 17 Nov Kia 240 9,323 1,829 8,545 -15.8 1 Dec 2013 10,374 ‘13 Oct Camry 2.7% 168 131 40 2563 28.2 3.4% BMw - 1.7% - 2.3% - 1270 172 Holden ‘13 NovCaptiva 178 -3.4 2.3% 135 17 Nov 1861 319 - -57.7 4 Dec 20 2.4% 19 Dec - 1.8% - 2039 Subaru ‘13 2012 2.7% 165 Volkswagen DecGolf 153 7.8 2.2% 134 80,077 30.1 6,218 1645 86,295 103 ytd total 2.2% 0 1.8% 1469 23 Nov 1.9% 11 Dec Audi 163 Toyota 26 Dec 150 Highland 96,145 8.7 er sales predicted 2013 2.2% 118 1748 79 2.3% 49.4 Mercedes-Benz 1.6% 1092 1.4% 128 Ford 82 Focus 56.1 29 Nov 1.7% 11 Dec Peugeot 114 1398 29 Dec 212 -46.2 1.8% 1.5% 1429 108 1.9% Honda 60 80.0 Jazz 1.4% 113 1001 1.3% Jeep 1.5% COMMERCIAL STATISTICS76 48.7 922 92 OF THE NEW AND USED 1.2% 65 SPONSORSHIP Ford 41.5 Kuga 1.2% 775 1.0% 18 522.2 FOR YOUR BUSINESS 112 Ssangyong AVAILABLE PAGES IS NOW 1.5% 952 86 1.3% 49 Mazda 75.5 Mazda3 1.2% 724 109 1.0% 151 -27.8 Dodge 1.5% 1537 64 2.0% 46 le.co.nz Toyota 39.1all enquiries 775 or email on 021 455 Aurionbrian@autofi107 0.9% contact For 478 Brian0.6% 23 Skoda 365.2 YOUR BUSINESS? 1.4% 447 63 0.6% 56 Holden 12.5 Cruze 0.8% 654 106 0.9% 80 Lexus 32.5 1.4% 1925 54 2.5% 44 Hyundai 22.7 0.7% Santa Fe 508 103 0.7% www.autofile.co.nz | 27 Land Rover 261 -60.5 1.4% 1847 51 22 2.4% 131.8 Honda 0.7% Civic 443 0.6% 100 Mini 115 -13.0 1.3% 44 852 43 1.1% 2.3 Mitsubis hi 0.6% Outland 474 er 0.6% 97 Chery 118 -17.8 1.3% 1258 34 21 1.7% 61.9 Hyundai 0.5 apr 90,754 Jan ‘13 1805 Christchurch are boosting sales. “Trades people are upgrading their vehicles,” says Crawford. “Although passenger cars aren’t so People Movers TWO SAILINGS PER MONTH JAPAN TO NZ 7,816 Total stock at the end of December 2012 6740 46 may 2013 88 82 10,245 91 209 365 There were 54,404 sales in 2009, 62,029 in 2010, 64,019 in 2011 and 76,871 in 2012, and the MIA is predicting about 82,000 passenger vehicle and SUV sales this year. “We’re looking at about 30,600 light commercials and we’re on track for 112,000 or 113,000 new vehicle sales overall.” Business confidence being high and strong regional economies in Auckland and Feb ‘12 Jun 95.5% ‘12 Jul 64.9% 517 during 2012. mar Feb ‘12 7,499 Jan 5,026 1,815 Days of stock Jan ‘12 88 9,640 ghest of 2013. There were 7,962 sales last onth, also this year’s biggest mount, while the variance was 400 with 9,362 units imported – he second highest amount after 1,065 imports in August. The total stock figure at the nd of December was 20,683 and Mar ‘12 did come down after the global financial crisis [GFC]. “Stocking levels then increased again and they respond to the number of new vehicles sold and the rate at which they are sold. “They basically go up when sales go up, but I’m not so sure about the days stock is held for being longer and can’t explain that. “Average sales per day came down during the GFC and before that they were much higher.” If 80,000 vehicles are sold one year and 100,000 are sold the following year, the average sales per day should be higher – and the MIA is expecting more new vehicles to be sold this year than Upper Large Finance Private 12% 14% 13% GAP Light Commercial 563 Insurance Rental xxxxxxxxxxx S % YTD Business Gov’t 2012 Industry Association statistics, set a record and came in at 6,892 units – or 5.4 per cent – ahead of 2014’s. It was the first time they have gone through the 130,000-unit mark. The market for new cars, excluding SUVs, came in at 49,077 units last year, which was down by 6.5 per cent from 52,471 in 2014. Sales of SUVs, however, jumped by 20.6 per cent from 37,660 units to 45,405. Registrations of light commercials increased by 7.2 per cent to 33,683 in 2015 from 31,408 in the year before, while the market for heavy commercials fell by 0.7 per cent to 4,933 units from 4,969. 22% 9% 8500 www.autofile.co.nz 31 8000 16% 7500 New P new commercial sales Ranger secures national title T he outgoing managing director of Ford New Zealand is over the moon that the marque’s popular ute has claimed the crown of best-selling new vehicle of 2015. The Ranger knocked the Corolla off its perch to scoop the accolade by notching up 608 registrations in December to edge out the Toyota by almost 300 units by the end of the year. “We always said we would leave it up to the customers to decide, and Kiwis have well and truly decided,” says Corey Holter. He adds taking out the top spot is “a huge milestone for the vehicle and company”. “The designers, engineers and everyone at Ford are extremely happy to reach such a goal,” says Holter, who returned to the US last week to become manager of car group marketing with the marque in North America. “It’s certainly good to take the number-one position, but what’s more satisfying for us is knowing that the Ranger is what Kiwis are driving.” Utilities dominated the ladder for sales of new vehicles last year 2013 4250 4000 2014 3750 2015 3500 3250 3000 2750 2500 2250 2000 1750 Jan Feb Mar Apr May Jun with three models securing topfive finishes. The Ranger sold 6,832 units and the Corolla 6,516. Toyota’s Hilux came third overall on 5,632, Holden’s Colorado fourth on 3,594 and the RAV 4 fifth on 3,522. This emphasised how strongly the market for new utes performed in 2015, while registrations of commercials came in at 39,145 – up by 2,415 units, or by 6.6 per cent, compared to 2014. Within that part of the market, the Ranger’s share totalled 17.5 per cent, the Hilux’s was 14.4 per cent and the Colorado’s was 9.2 per cent. Fourth spot on the ladder went Dec'15 Dec'14 +/- % Dec'15 Mkt Share Jul Aug Sep Oct Nov Dec to the Nissan Navara with 3,147 sales and a market share of eight per cent. Toyota’s Hiace came fifth and was the country’s best-selling van on 2,496 units and 6.4 per cent. Toyota topped 2015’s ladder for marques with 8,389 sales, which amounted to 21.4 per cent of all new commercials registered. Ford had to settle for second spot on 7,769 and its share was 19.8 per cent. Third place went to Holden with 3,781 units and 9.7 per cent, while Nissan was fourth with 3,147 and eight per cent. The top five was rounded off by Isuzu with 7.2 per cent and 2,819 units. As for last month, 3,136 New Commercial Sales by Model - December 2015 New Commercial Sales by Make - December 2015 Make commercial vehicles were sold. The total was up by 339 registrations – or by 12.1 per cent – compared to the same period in 2014 for the highest number of sales ever during a December. The Ranger sold 608 units in December, which was down by 13.6 per cent compared to the corresponding month in 2014. The Hilux came second on 419 – a decrease of 4.3 per cent – and the Colorado was third on 313 thanks to a jump of 52.7 per cent. Ford topped December’s ladder with 659 registrations although that was down by 13.4 per cent on the same month of 2014. It was followed by Toyota with 620 sales and Holden on 329. Alistair Douglas, of Rotorua Toyota, says there has been “an awful lot of interest” in the all-new Hilux. “The new generation of utes that came through in the mid2000s became so driveable on roads they could be doubled up as family cars,” he says. “This would explain their popularity and increase in sales. People are dressing them up with bull-bars, canopies and alloys.” New Commercial Sales - 2013-2015 4500 2015 YEAR TO DATE 2015 Mkt share Make Model Dec'15 Dec'14 +/- % Dec'15 Mkt Share 2015 YEAR TO DATE 2015 Mkt share Ford 659 761 -13.4 21.0% 7,769 19.8% Ford Ranger 608 704 -13.6 19.4% 6,832 17.5% Toyota 620 584 6.2 19.8% 8,389 21.4% Toyota Hilux 419 438 -4.3 13.4% 5,632 14.4% Holden 329 228 44.3 10.5% 3,781 9.7% Holden Colorado 313 205 52.7 10.0% 3,594 9.2% Isuzu 256 125 104.8 8.2% 2,819 7.2% Nissan Navara 211 198 6.6 6.7% 3,147 8.0% Nissan 211 198 6.6 6.7% 3,147 8.0% Toyota Hiace 193 130 48.5 6.2% 2,496 6.4% Mitsubishi 169 158 7.0 5.4% 2,504 6.4% Mitsubishi Triton 169 132 28.0 5.4% 2,432 6.2% D-Max Mitsubishi Fuso 122 73 67.1 3.9% 753 1.9% Isuzu Mercedes-Benz 117 124 -5.6 3.7% 880 2.2% Mercedes-Benz Sprinter 112 78 43.6 3.6% 1,699 4.3% 104 103 1.0 3.3% 745 1.9% Mazda 98 101 -3.0 3.1% 1,382 3.5% Mazda Ldv 72 8 800.0 2.3% 473 1.2% Isuzu Bt-50 98 101 -3.0 3.1% 1,382 3.5% F Series 75 17 341.2 2.4% 484 1.2% V80 69 8 762.5 2.2% 429 1.1% 57 30 90.0 1.8% 345 0.9% Volkswagen 66 68 -2.9 2.1% 1,273 3.3% Ldv Hino 61 57 7.0 1.9% 660 1.7% Mitsubishi Fuso Canter Fiat 57 25 128.0 1.8% 664 1.7% Fiat Ducato 54 20 170.0 1.7% 545 1.4% Foton 54 49 10.2 1.7% 534 1.4% Mitsubishi Fuso Fighter 54 29 86.2 1.7% 251 0.6% Ssangyong 50 73 -31.5 1.6% 687 1.8% Ssangyong Actyon Sport 50 73 -31.5 1.6% 687 1.8% Renault 36 1 3500.0 1.1% 102 0.3% Ford Transit 49 55 -10.9 1.6% 887 2.3% 47 -6.4 1.4% 826 2.1% 1 3600.0 1.2% 136 0.3% Hyundai 33 26 26.9 1.1% 662 1.7% Volkswagen Amarok 44 Ud Trucks 21 18 16.7 0.7% 262 0.7% Isuzu C Series 37 Iveco 16 8 100.0 0.5% 129 0.3% Hyundai iload 31 22 40.9 1.0% 645 1.6% Freightliner 12 16 -25.0 0.4% 117 0.3% Foton Tunland 31 41 -24.4 1.0% 467 1.2% 77 96 -19.8 2.5% 2,158 5.5% Others 3,136 2,797 12.1 100.0% 39,145 100.0% Others Total 32 www.autofile.co.nz Total 358 365 -1.9 11.4% 5,484 14.0% 3,136 2,797 12.1 100.0% 39,145 100.0% used commercial sales City tradies looking to buy vans A dealership, which has been trading in Auckland for more than 20 years, is predicting positive sales of used light commercials in the coming year. Based on demand for quality used vehicles from October to December 2015, Carol McMullen, sales and finance manager of Pearce Brothers’ commercial vehicle centre in Onehunga, says this is partially due to changing tastes across the sector. “Tradesmen were in vans originally and then they got into utes, but they are now going back to vans again,” she told Autofile. “A lot of them are doing that because – and this is a generalisation – vans are more spacious. We are finding that builders are especially keen on space with the amount of gear they carry.” The business’ client base is still firmly tradespeople despite the growing trend in the lightcommercial market for families to upgrade to utilities from sedans. “It’s still men in the 20 to 30-years age bracket buying utes as their main vehicle, but we are noticing a few families are now 2013 2014 2015 Jan Feb Mar Apr May Jun interested,” explains McMullen. Utility vehicles are still overall the most popular to move off the yard – despite the changing trends. Pearce Brothers’ business in Onehunga, which has 30 units at any given time and reported good sales in 2015, is part of a seven-yard group. “Last year was very good for us,” says McMullen. “This was down to price range and I’ve found what works here is good pricing options. Ours is from about $12,000 to $30,000.” Stocking the yard was more challenging in 2015 with demand for light commercials being high, but she kept levels steady with trade-ins from franchises and accessing units Used Commercial Sales by Make - December 2015 Make Dec'15 Dec'14 +/- % difficult to buy for across all of Pearce Brothers’ yards because they retain their values. Looking forward, she sees a positive year ahead. “There’s a lot more buoyancy and a positive feeling around at the moment. When that is there, people start buying again. There will always be fluctuations in markets, which goes up and down.” There were 8,838 used commercial vehicles sold in New Zealand last year, which was an increase of 11.3 per cent compared to 7,943 in 2014. As for the national statistics, Toyota sold 4,221 units during 2015 for a market share of 47.8 per cent. Its Hiace vans made up 34.4 per cent of overall registrations in this sector on 3,040 units. Nissan came second on the marques ladder with 1,699 units for a market share of 19.2 per cent, while Mazda finished third with 503 and 5.7 per cent. The Nissan Caravan was runnerup in the models chart with 721 sales to claim a market share of 8.2 per cent, and Mazda’s Bongo came third on 389 and 4.4 per cent. Used Commercial Sales - 2013-2015 900 850 800 750 700 650 600 550 500 450 400 350 300 Dec'15 Mkt Share Jul Aug Sep Oct Nov Dec from Japan, although the latter became difficult to source from. “Our main importing activity from Japan is around Toyota Hiaces and older four-wheel drives, such as Land Cruisers. “It was very hard to get stock in from Japan last year. For example, one stage last year we couldn’t get Hiaces as they were just too expensive. “That was solely down to the exchange rate, but 2016 is going to get better based on figures from last year.” McMullen adds that utilities are hard to purchase and the commercial sector is the most Used Commercial Sales by Model - December 2015 2015 YEAR TO DATE 2015 Mkt share Make Model Dec'15 Dec'14 +/- % Dec'15 Mkt Share 2015 YEAR TO DATE 2015 Mkt share 34.4% Toyota 272 365 -25.5 37.2% 4,221 47.8% Toyota Hiace 190 272 -30.1 26.0% 3,040 Nissan 146 139 5.0 20.0% 1,699 19.2% Nissan Caravan 60 58 3.4 8.2% 721 8.2% Isuzu 52 30 73.3 7.1% 390 4.4% Fiat Ducato 45 18 150.0 6.2% 158 1.8% Ford 48 38 26.3 6.6% 313 3.5% Isuzu Elf 35 17 105.9 4.8% 239 2.7% Fiat 45 18 150.0 6.2% 159 1.8% Mazda Bongo 29 20 45.0 4.0% 389 4.4% Mazda 36 24 50.0 4.9% 503 5.7% Toyota Dyna 25 29 -13.8 3.4% 336 3.8% Hino 20 9 122.2 2.7% 227 2.6% Nissan Vanette 21 30 -30.0 2.9% 333 3.8% Mitsubishi 17 15 13.3 2.3% 341 3.9% Nissan Atlas 17 8 112.5 2.3% 168 1.9% Chevrolet 16 16 0.0 2.2% 217 2.5% Nissan Navara 17 14 21.4 2.3% 137 1.6% Holden 13 9 44.4 1.8% 169 1.9% Ford Ranger 17 9 88.9 2.3% 98 1.1% Dodge 10 10 0.0 1.4% 57 0.6% Toyota Regius 16 21 -23.8 2.2% 313 3.5% Volkswagen 8 9 -11.1 1.1% 79 0.9% Toyota Hilux 14 17 -17.6 1.9% 169 1.9% Mercedes-Benz 7 3 133.3 1.0% 37 0.4% Hino Dutro 13 5 160.0 1.8% 128 1.4% Daihatsu 5 2 150.0 0.7% 18 0.2% Ford F150 13 8 62.5 1.8% 64 0.7% Daf 4 1 300.0 0.5% 22 0.2% Nissan Nv200 13 14 -7.1 1.8% 211 2.4% 11 14 -21.4 1.5% 210 2.4% 9 10 -10.0 1.2% 52 0.6% Gmc 3 2 50.0 0.4% 45 0.5% Toyota Toyoace Hyundai 3 1 200.0 0.4% 8 0.1% Dodge Ram Kenworth 3 1 200.0 0.4% 39 0.4% Ford Falcon 8 3 166.7 1.1% 51 0.6% Renault 3 2 50.0 0.4% 19 0.2% Mitsubishi Canter 7 5 40.0 1.0% 180 2.0% Triton 2 0 200.0 0.3% 3 0.0% Mitsubishi 7 2 250.0 1.0% 60 0.7% Others 18 27 -33.3 2.5% 272 3.1% Others 164 147 11.6 22.4% 1,781 20.2% Total 731 721 1.4 100.0% 8,838 100.0% Total 731 721 1.4 100.0% 8,838 100.0% Caterpillar www.autofile.co.nz 33 Regional factors affect stock levels stocks of sedans are nowhere near the turnover they used to be. “Having said that, the new Corolla is starting to make its mark on the market and a lot of that’s because of companies buying fleet vehicles. “That model offers a great package. It’s a similar size to the old Coronas we used to have in the 1990s. It also has the economy and performance of smaller cars.” Bowater reports Toyota’s Hilux is bolstering his overall sales figures with “stock moving quickly out the door”. He says: “We are really pleased to have the new ute in stock and it has gone gangbusters. “We were fortunate to have had some pre-sales on the board and customers were waiting for the vehicle to come out, so we have certainly hit the ground running.” Bowater believes regional factors have also impacted on stock levels and choices across models, although he reports the local market has been fairly buoyant and steady. “It was interesting last year with many ups and downs. For Nelson, I think the advantage of a sheltered economy stood us in good stead. Our stock levels have been relatively easy to maintain in that respect.” There were 102,174 new passenger vehicles imported during 2015 and 95,097 registered for a variance of 7,077 in favour of imports. The biggest month of last year for imports was August with 11,675 units while the most sales – 9,634 – were recorded in October. During December, registrations of new cars came in at 7,110 and the total crossing our wharves amounted to 9,131 for a variance of 2,021 in favour of imports to create a national stock figure of 57,783. The level of unsold stock has gone up by 14 per cent compared to where it was sitting in December 2014. Dealer stock of new cars in New Zealand 50,706 - 12-MONTH AVERAGE Days stock at hand 220 248 204 200 Jan ‘15 6,713 9,010 (2,297) 48,409 250 193 Feb ‘15 7,172 7,057 115 48,524 252 193 Mar ‘15 7,569 8,075 (506) 48,018 252 191 Apr ‘15 7,746 6,373 1,373 49,391 252 196 May ‘15 9,395 6,843 2,552 51,943 253 206 Jun ‘15 8,297 9,021 (724) 51,219 254 202 Jul ‘15 8,842 7,272 1,570 52,789 254 207 Aug ‘15 11,675 7,752 3,923 56,712 256 221 Sept ‘15 8,254 8,835 -581 56,131 258 218 Oct ‘15 8,623 9,634 -1,011 55,120 260 212 Nov ‘15 8,757 8,115 642 55,762 260 215 Dec ‘15 9,131 7,110 2,021 57,783 261 222 102,174 95,097 7,077 10.7% 4.6% 14.0% More IMPORTED MORE SOLD MORE STOCK marac.co.nz 160 December 2013 — December 2014 140 120 100 80 60 Drive away with finance from MARAC Provided by Heartland Bank Limited MARAC is a division of Heartland Bank Limited. Lending criteria, fees and charges apply. 34 www.autofile.co.nz heartland.co.nz Dec Nov Oct Sept Aug JuL 40 Jun Change on Dec 2014 180 May Year to date December 2014 — December 2015 APR 1,451 DAILY SALES Feb 6,797 Stock JAN 8,248 Dec ‘14 Variance Dec Registered Days of stock CAR Sales Imported There was an increase in sales of 4.6 per cent when comparing last month with a year earlier and a jump of 10.7 per cent in imports. Daily sales during December – when averaged out over the previous 12 months – came in at 261 compared to 248 by the same time in 2014 – meaning 13 more units were sold daily. The amount of stock at hand has climbed from 204 days to 222. Dean Nicholson is chief executive officer of Nicholson Autos, which has branches in Morrinsville, Matamata and Whakatane. He’s positive stock for his Holden and Suzuki franchises will continue to be easy to source, and levels at his dealerships will meet customer demand. “All of our yards experienced different sales last year, but we’re pretty positive. Overall, we’ve had no real issues supplying our customers with the stock they wanted.” Days stock in NZ - new Cars Mar T he now-standard practice of selling cars over the internet has impacted on stock levels and sales in a manner unprecedented in previous years. That’s the view of Tony Bowater, chief executive officer of Bowater Toyota in Nelson, which has been operating for about 65 years. “The internet is having a huge impact on what we stock,” he told Autofile. “It’s enabling us to be out in the wider world and New Zealand really is your market today.” He says stock is adjusted according to demand and that has been focused on SUVs with other segments taking hits because of this. Although some inroads to making sedans attractive purchases are still being considered, their stock levels vary depending on consumer demand. Bowater says: “The Toyota brand is ever-evolving and we have noticed Quality cars difficult to source T he total number of used passenger vehicles crossing the border during 2015 came in at 150,862 while 143,642 were registered for the first time for a variance of 7,220 in favour of imports. In addition, more units were imported into New Zealand last month than sold – 14,725 compared to 12,598. This took the national level of unsold stock to 25,683 used imported cars by the end of December and it has jumped by 39.1 per cent since this time last year. Average daily sales have climbed from 356 to 394 over the same timescale, which means there were 38 more registrations per day in 2015 compared to 2014 – an increase of 10.7 per cent – while stock at hand has gone up by 13 days from 52 to 65. Comparing last month with December 2014, there have been 15 per cent more used cars imported and 1.2 per cent more sold. Ross Brown is the sales manager of Greenfield Motors in Greymouth, which holds a Suzuki franchise and stocks a wide range of used vehicles. He describes the market as being pretty flat with “nothing really changing, but things ticking over”. “I wouldn’t say we are breaking any records by any stretch of the imagination,” Brown told Autofile. “We buy cars locally, have tradeins and purchase from Japan. The dollar has come back up again, which makes it a bit easier to obtain stock, but we took a huge hit buying from there. “When the dollar was down, it was tough to get stock in, but you make up for that by buying locally. We’ve had more interest in internet trade and you have to be competitive with that.” Alan Burrell, of Redwood Motors in Rotorua, says: “It’s hard to get good stock in and we’ve been paying top dollar for it. “But the other issue is that there is an awful lot of stock around the country unsold, so you have to be conscious of what’s available, what it was bought for, what the exchange rate was and so on. “Also winter sales probably dropped somewhat, so there is a surplus of stock from the seasonal difference. “We have small Japanese cars, some mid-priced European vehicles accessed from Japan and light commercials. “As for European marques, we have Porsches, Mercedes-Benzes and Volvos, but we only buy them if the price is right. Sometimes whether they move or not is simply down to colour.” Ken Williams, of Coast Wide Honda, says: “We are selling our used stock pretty well and managed to keep up with that okay last year. Dealer stock of used cars in New Zealand Days stock in NZ - Used Imported Cars CAR Sales 180 Imported 160 140 100 December 2014 — December 2015 60 40 December 2013 — December 2014 20 Dec ‘14 12,800 Jan ‘15 Feb ‘15 Dec Nov Oct Sept Aug JuL Jun May APR Mar Feb JAN marac.co.nz Registered Variance Stock 18,463 DAILY SALES - 12-MONTH AVERAGE Days stock at hand 356 52 12,448 352 10,139 11,791 -1,652 16,811 362 46 9,963 10,572 -609 16,202 366 44 Mar ‘15 14,964 12,313 2,651 18,853 372 51 Apr ‘15 16,155 11,038 5,117 23,970 376 64 May ‘15 14,531 12,415 2,116 26,086 379 69 Jun ‘15 12,864 12,415 449 26,535 384 69 63 Jul ‘15 11,944 13,891 -1,947 24,588 389 Aug ‘15 12,129 12,061 68 24,656 391 63 Sept ‘15 8,673 11,667 -2,994 21,662 392 55 Oct ‘15 12,388 11,149 1,239 22,901 393 58 Nov ‘15 12,387 11,732 655 23,556 393 60 Dec ‘15 14,725 12,598 2,127 25,683 394 65 150,862 143,642 7,220 Year to date 0 Dec Days of stock 120 80 “Despite the hits we have taken in Greymouth, I think sales overall are pretty positive.” Dean Nicholson, dealer principal of Nicholson Autos in Matamata, says: “We have struggled in used car stock and it has been hard to get good used vehicles onto our yard. “Trade-ins are less now because people are buying cars themselves or passing them on down the line. We stock our used yard through a few imports, but it has been hard to get hold of good vehicles.” Nathan McColl, of Ross McColl Cars in Levin, says: “Our stock levels have come down a little. You have to pay reasonably good money for reasonably good stock or, at least, pay a bit more for better quality cars. “Our stock is priced at about $10,000 on average. We try to specialise in slightly lower kilometres than other people in the area.” Change on Dec 2014 15.0% 1.2% 39.1% More IMPORTED MORE SOLD MORE STOCK Drive away with finance from MARAC Provided by Heartland Bank Limited heartland.co.nz MARAC is a division of Heartland Bank Limited. Lending criteria, fees and charges apply. www.autofile.co.nz 35 GLOBAL VEHICLE LOGISTICS NZ - JAPAN - AUSTRALIA - UK - EUROPE SERIOUS a b o u t PROtEctIOn AUTOHUB has invested heavily in systems and services to ensure our customers have the best information available and are as protected as they can be: Modern, efficient, robust systems Global representation Comprehensive insurance policies Specialists in vehicle logistics TrUsTed AUTOHUB peOple, THERE WHEN YOU NEED US, WHERE YOU NEED US www.autohub.co +64 9 411 7425 [email protected]