NZ time: Saturday 29th July 2017, 6:47AM

News

Fieldays Drives June Registrations of New Vehicles to An All Time Record.

David Crawford

 

David Crawford, Chief Executive Officer of the Motor Industry Association says, “Registration of 15,985 vehicles for the month of June is not only the strongest month of June ever but also sets a new monthly record for any month of the year. The previously single strongest month was October 2016 when there were 14,709 new vehicles registered. Year to date the new vehicle sector is 14.

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Auckland’s Economic Growth

Auckland’s economic growth is “spectacular” and an extra 60,000 jobs were added to the country’s financial powerhouse in the last year, according to a new report.

 

David Norman, Auckland Council’s chief economist, revealed Auckland’s growing strength in his latest Auckland Economic Quarterly publication and he included some good news for wage earners.

 

“Auckland’s GDP grew at 4.

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February 2017 New Car Sales Growth as Expected

Sales Up

David Crawford, Chief Executive Officer of the Motor Industry Association says “Registration data for February shows growth in the new vehicle sector continues as expected. Monthly registrations of 11785 vehicles is the strongest February on record and is up 14.3% (1472 units) on February 2016.”

 

For the month of February 2017, passenger car and SUV registrations of 8052 units were up 12% (860 units) on February 2016.

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Optimism permeates New Zealand labour market

Barometer

The Westpac McDermott Miller Employment Confidence Index rose 2.6 points in the December quarter to 112.7.

“New Zealanders have become more optimistic about the state of the labour market,” said Westpac Acting Chief Economist Michael Gordon. “This comes against a backdrop of strong economic growth that has seen job opportunities continuing to increase.”

“Increases in employment confidence have been broad based,” said Mr Gordon.

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Job Seekers from America increase with many ready to fly the coop

eagle

US candidates looking for motor industry jobs in New Zealand have sky rocketed in the last 24 hours.  Automotive Employment NZ rarely received applications from American candidates prior to the election but it is entirely possible we could see a sustained flow of talent merge from this region.

American skills will likely be in hot demand, the retail network in the USA is very similar to New Zealand.

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New Zealand ranks 1st of 149 countries for prosperity

new zealand

New Zealand

Ranked 1st of 149 on the 2016 Legatum Prosperity IndexTM

OVERVIEW

Free markets, free people, and the world’s strongest society ensure that New

Zealand takes the top spot in the Prosperity Index.

New Zealand has ranked first in the Prosperity Index for six of the last ten years.

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NZ ranked first in world for ease of doing business

Shaking Hands - 'doing business

26 OCTOBER, 2016

New Zealand has been ranked the top country in the world for doing business in the World Bank’s 2017 Doing Business Report – up one place from last year and up from third in 2014.

The report, which examines regulations that enhance or constrain business activity, assesses 190 countries and ranks them according on the impacts of their regulatory environment on business.

“This is the first time New Zealand has topped this list.

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300’000 New Zealand vehicles or more caught up in Takata airbag recall

airbags

Takata Corporation is an automotive parts company based in Japan. The company has production facilities on four continents, with its European headquarters located in Germany, where it also has nine production facilities.

The worldwide recall, which involves a number of vehicle manufacturers in Japan, Europe and the USA, is the largest automobile recall in history and may affect up to 100 million vehicles worldwide and possibly around 300,000 or more vehicles in New Zealand.

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