New Zealand vehicle imports plummet in Oct. ’24

New Zealand’s vehicle imports, including cars, trucks, and tractors, dropped by $2.95 billion to $8.9 billion in the year ended October 2024 compared to the previous year, according to a report released by Statistics New Zealand on Monday.

Japan, the largest source of car imports, experienced a $474 million decline, followed by the European Union (EU) and China with decreases of $473 million and $407 million, respectively.

Attribution: The Statistics New Zealand statement

Subediting: M. S. Salama