The Ford Ranger celebrates 8 consecutive years at #1.
New Zealand new vehicle sales edge down -0.3% year-on-year in 2022 to 164,813 units. This is still an outstanding result given the 2021 volume was an all-time record. We are therefore looking at the 2nd highest annual tally in New Zealand history. SUVs climb 5.5% to 87,669 sales and 53.2% share vs. 50.3% a year ago, light commercials drop a harsh -11.8% to 40,948 and 24.8% share vs. 28.2% in 2021 and passenger cars edge down -0.8% to 28,316 and 17.2% share vs. 17.3% last year. Sales to rental companies soar 56.9% year-on-year to 16,627 units.
In the brands ranking, Toyota (-1.8%) trails the market slightly to 17.5% share vs. 17.7% and once again Mitsubishi (+18.5%) delivers an outstanding performance and improves its share from 12.2% to 14.5%. Ford (-18.6%) is in a really tough spot at #3 and reduces its share by two percentage points to 8.5%. Kia (+9.8%) and Suzuki (+8.1%) score solid gains to round out the Top 5 with Hyundai (+2.2%) in tow. Tesla (+113.5%) leaps up 6 ranks to land at a formidable 7th place and ranked #2 in December. MG (+39.3%) is the other great performer in the Top 10, up 3 spots to #9. Notice also BYD landing directly at #19 and ranking #9 in November and December.
Model-wise, the Ford Ranger (-8%) signs an 8th consecutive annual win at 7%, way above its archenemy the Toyota Hilux (+16.1%) catching up at 5.9% share. The Mitsubishi Outlander (+39.9%) surges up to remain the best-selling SUV in the country but stays 3rd at 5.5% share. 22% of its volume are to rental companies where it ranks #1 vs. 13% last year. The Mitsubishi Triton (+23.6%) is up two spots on 2021 to make it 3 pickups in the Top 4. The Toyota RAV4 (-5.6%) drops one rank to #5. Spectacular result for the Tesla Model Y landing directly at #6 with 2.6% share but ranking #1 in September and #2 in November and December. The Suzuki Swift (+38.8%), Mitsubishi Eclipse Cross (+84.4%) and MG ZS (+30.4%) all post fantastic results in the remainder of the Top 10.
We now have a Top 15 models to rental companies, dominated by the Mitsubishi Outlander (+139.9%), Toyota Corolla, Toyota RAV4 and Kia Stonic.
Full Year 2022 Top 92 all brands, Top 20 all models and Top 15 rentals vs. Full Year 2021 figures below.
Full December 2022 Top 65 all brands and Top 20 models below.