April 10 news round-up
Signs there for long-term recovery
April 10, 2007, 7am. Good news from the Motor Trade Association (MTA) which reckons that new car sales are showing all the signs of long-term recovery after a decade of dull performance during the 1990s.
“This is the sixth straight year that first quarter sales of new cars have bettered those in the prior year,” said MTA spokesman Andy Cuming.
It was the second highest March since 1990.
The month’s total of 6794 represented a 17 percent increase on February, but marginally down on March 2006. The first quarter total was 19,376.
The MTA says car buyers are being attracted by new technology, probably more so than in any recent period, “delivering quite marked gains for them in safety, fuel efficiency and emissions reduction.”
A total of 10,407 used import cars was sold in March, 14 percent up on February, but in line with recent trends, 15 percent down on March 2006.
Proposed changes ‘cut red tape’ for traders
April 10, 2007, 7am. Proposed changes to Motor Vehicle Sales legislation will provide an improved registration system for traders and reduce business compliance costs and unnecessary red tape, says consumer affairs minister Judith Tizard.
Discussion papers issued this week follow the Consumer Affairs Ministry’s review of the 2003 motor vehicle sales legislation.
"The changes would help clarify the different obligations for private sellers compared with the motor vehicle traders,” says Tizard. “This will directly lead to reduction of compliance costs for private sellers and car market operators.
"Improvements to the operation of the Motor Vehicle Disputes Tribunal will enhance the credibility of an already successful service, and will improve people's access to the tribunal."
The minister is encouraging comments on specific proposals to amend the Motor Vehicle Sales Act and Supplier Information Notice.
Submissions close on May 14.
Copies of the documents are available from the Ministry of Consumer Affairs: www.consumeraffairs.govt.nz/policylawresearch/discussionpapers, or phone 04-474 2845.