New Zealand November 2023: Rentals keep Toyota RAV4 #1, MG breaks ranking record with MG 4 up to #6

The Toyota RAV4 is the best-selling vehicle in New Zealand in November.

The New Zealand new vehicle market continues to drift in November at -6.9% year-on-year to 14,520 units, meaning the year-to-date tally is now off -8.9% to 139,257. A very rare feat, Passenger Cars actually surge 19.6% year-on-year to 3,176 this month, with SUVs edging down -1.9% to 8,305 and Light Commercials imploding -41.1% to 2,164. Year-to-date, Passenger Cars are down -12.1% to 23,005, SUVs down -3.1% to 78,776 and Light Commercials off -21.5% to 29,929.

In the brands charts, Toyota (+33.4%) once again goes against the depleted market to score a very solid 24.9% share, to be compared with 21.9% year-to-date. Ford (-3.4%) this time limits its falls and manage 13% of the market vs. 11.1% so far this year. Mitsubishi (-29.2%) isn’t that lucky but returns to the third spot it holds year-to-date. MG (+91.1%) is up spectacularly to a record 4th place overall with 6.2% share vs. 4% YTD. Hyundai (+11.1%) is also up but Tesla (-58.4%), Kia (-43.6%) and Suzuki (-35.3%) all implode below. BYD (-9.1%) stays inside the Top 10 at #9 vs. #13 YTD.

Over in the models aisle, the Toyota RAV4 (+148.1%) repeats at #1 however 68% of its volume has gone to rental companies this month. As a result the RAV4 climbs to #2 year-to-date, overtaking the Toyota Hilux (-54.6%) down to #7 in November. The Ford Ranger (-29.1%) is #2 again with a strong 7.5% share, it easily holds onto the YTD top spot just as rentals account for 28% of its total. The Tesla Model Y (-50.5%) is back inside the Top 20 at #4 but craters year-on-year. The Toyota Corolla (+120.5%) is young and pretty again mainly, here too, thanks to rentals at 75% of its volume. The MG 4 continues to climb up the ladder at a record #6.

Previous month: New Zealand October 2023: Rentals push Toyota up to highest share in 4 years, MG 4 up to #7

One year ago: New Zealand November 2022: Tesla Model 3 #2, BYD Atto 3 #6 in market back in negative (-4.3%)

Full November 2023 Top 67 All brands and Top 25 models below.