NZ time: Sunday 19th August 2018, 4:34AM

News

New Zealands stable economy and low unemployment

Unemployment rate stable

At just 4.5% New Zealand is well known to have one of the OECDs lowest unemployment rates.  Not all of us know quite how successfully New Zealand has been at controlling unemployment and ensuring as a country we continue to thrive, grow, and provide an enviable lifestyle with low crime, high standards of prosperity and opportunity.

Remarkably New Zealand had unemployment down to 3.4% in 2004.

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July 2018 New Vehicle Registrations – Steady as She Goes

David Crawford

David Crawford, Chief Executive Officer of the Motor Industry Association says “July 2018 new vehicle registrations of 12,324 vehicles were up 6% (693 units) on July 2017. It was the second strongest month of July ever, the strongest being back in July 1984 with 13,983 registrations. Year to date, the market is up by 1.8% (1,621 units) compared to the first seven months of 2017.

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Job opportunities on the rise in June

Sales Up

Written by SEEK employment trends

SEEK Employment Trends

The latest data from SEEK Employment Trends shows job advertising continued to rise in June with 6.5% more opportunities than the same time last year.

Regions such as Wellington, Bay of Plenty and Hawkes Bay continued to record strong levels of advertising and there has been an upward trend over the past four months.

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New CEO, for Ford of Australia and New Zealand

Kay Hart

Ford Motor Company today is announcing changes in its senior leadership team in Australia as it continues its transformation in Australia and New Zealand.

Kay Hart, global BEV manager, distribution & digital experience, Team Edison, is named president and CEO, Ford of Australia and New Zealand.

Hart, 40, will be based in Melbourne, reporting to Peter Fleet, Ford group vice president and president, Ford Asia Pacific.

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June 2018 New Vehicle Registrations Remain Strong but Below June 2017

David Crawford

David Crawford, Chief Executive Officer of the Motor Industry Association says “June 2018 new vehicle registrations of 15,172 vehicles were down 8.2% (1313 units) on June 2017 but still remains the second strongest month of June ever. Year to date, the market is marginally up by 0.5% (428 units) compared to the first six months of 2017.”

 

Registrations of 9,725 passenger and SUV vehicles for the month of June were down 456 units on June 2017, a decrease of 4.

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Takata Airbag Update

Takata

This past week, the Motor Industry Association of NZ provided to the Minister of Commerce and Consumer Affairs, Hon Kris Faafoi, an update on both the total number vehicles affected by the Takata airbag recall and completion rates.

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May 2018 New Vehicle Registrations Up on the back of Pre-Field Day Specials

David Crawford

David Crawford, Chief Executive Officer of the Motor Industry Association says “May 2018 new vehicle registrations of 14,169 vehicles were up 7.9% (1,037 units) on May 2017 on the back of pre-field day specials and is the strongest month of May on record. Year to date, the market is up by 2.7% (1,741 units) compared to the first five months of 2017.”

 

Registrations of 9,276 passenger and SUV vehicles for the month of May were up sharply on May 2017, an increase of 10.

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2018 New Vehicle Registrations Slightly Down

Stats

David Crawford, Chief Executive Officer of the Motor Industry Association says “February new vehicle registrations of 11,531 vehicles were down 2% (254 units) on February 2017 reflecting a mature and stable market. Year to date the market is up 3% (751 units) compared to the first two months of 2017.”

 

Registrations of 7,415 passenger and SUV vehicles for the month of February were down 8% (637 units) on February 2017.

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MIA Welcomes Productivity Commission’s Draft Report on a Low-emissions Economy

David Crawford

David Crawford, Chief Executive Officer of the MIA says ‘the Productivity Commission’s draft report on a low emissions economy, released today, contains important analysis and recommendations to stimulate an essential debate on measures to accelerate a reduction on New Zealand’s greenhouse gas emissions. The new vehicle sector welcomes the opportunity to participate in a discussion on measures that would be effective in achieving an acceleration of reduction in greenhouse gases.

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Worn tyres in New Zealand linked to more fatal crashes

TYRES

Worn tyres have been linked to 32 fatal road crashes over the past three years and the Motor Trade Association says vehicle safety should be addressed as part of the draft Government Policy Statement on Land Transport.

MTA Chief Executive Craig Pomare says the draft policy focuses on median strips and other roading improvements to help bring down the road toll.

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