The past decade has seen a massive change in the car industry. The global downturn is causing serious problems with manufacturers trying to sell their vehicles. Online car dealers have also seen an impact, but they are starting to buck the trend somewhat. Second hand car dealers have managed to see a steady growth in recent years, as their vehicles are not subject to the first couple of years of depreciation.
The automotive industry has a number of branches to deal with, from the manufacturer of the vehicle through to the sale of the manufactured vehicle. Then how it is looked after throughout its life and at the end of the vehicles life, how car dismantlers finish off the process. In any given month the car industry has a lot of news to report on any of these issues, so let’s take a look at some of the biggest stories that have been trending this month.
Jeep has produced that all new Jeep Wrangler and it’s on its way to New Zealand. It’s expected to hit the roads around May or June and has a two door and a four-door version. As you would expect with the Jeep, it is beautifully engineered and is ready for the off-road conditions that New Zealand has to offer.
As with any manufacturer, whenever they bring out a new vehicle, the expectations of it are very high, and thankfully, in this particular case with this jeep, these expectations have been met. Jeep will however have stiff competition from Japanese import cars such as Toyota and Mitsubishi.
Adventures with your friends and family can be made fun with the right equipment, so this month a new carry all trailer has been introduced. It is 6.7 m long and can sleep up to six people. It has self-levelling suspension and is built to be able to travel over a multitude of terrains. The Bruder EXP – four is perfect for those off-road trips.
Car of the Year
For many years, The Toyota has been a main stayer in the New Zealand car market. In 2008 the Toyota Corolla didn’t quite make the cut of the year, as it didn’t meet the deadline for judgement. However, the Toyota ZR, a hybrid, has now ticked all the boxes to become the car of the year. It is smart and efficient and very nice to drive. Toyota have always been world renowned for their reliability and build quality, this is why it is no surprise that this Toyota has managed to beat the rest. There are normal petrol versions available, but we recommend that you go for the hybrid version, as this will not only save you money when it comes to its running costs, but it is also very good for the environment.
Safety is something that all manufacturers take very seriously, and the Toyota Corolla does not disappoint in this aspect. This vehicle is not only good at keeping the occupant safe inside of the vehicle, but is also good at keeping pedestrians outside the vehicle safe as well. The price tag for the Toyota Corolla isn’t cheap, but as the adage goes, ‘you do pay for what you get.’ For quality and expertise, this carmaker has made it well worth its money.
The Land Rover Defender
The new generation Defender is now on its way to New Zealand. The tests have been completed in Britain, Europe and in the United States, and as with any Land Rover, we can expect a great level of luxury and a car that is excellent off-road. As more information comes to light about this vehicle, it will be interesting to find out more about it.
The Shrinking Car industry
The car industry across the world has seen a decline recently. In the UK, Brexit has affected the car market, so car manufacturers are now looking at ways to change the trend. Here in New Zealand, there were over 161,000 new vehicles registered, but there is nothing to suggest that they were actually sold, and there could even be a chance that only 20% of that figure actually went on to new owners. In some cases, some manufacturers will register vehicles so they can be used as demonstrators and then these can be sold off at a lower price, as they are no longer classed as new. This is a good way of generating new business, as the prices are often lower.
The car market in general has also seen massive changes in the power sources that they use. Most governments across the world are pushing for fossil feels to be reduced, with the increased usage of renewable fuels such as battery-powered vehicles. Hybrid and electric vehicles will soon become the only vehicles on the road. It may take a number of years for this goal to be achieved, but most governments are on track to gain success with this. As with all sectors, the current economic climate is affecting the retail sector too. For example, Motorcycle clothing store and outlets are also seeing a downturn, as the need for new clothing for motorcycles is a legal requirement, but also can be very expensive. So more and more second-hand purchases are being made online, which is therefore causing a decline in certain stores in the retail sectors.
The month of March has been a very busy month in the car industry. As you can see from the above, we have covered a few aspects that have made the headlines this month, but 2019 does look to continue to be a busy year. More and more manufacturers are producing more vehicles so there will be more vehicles to review in the future. There is starting to be a massive turn towards more fuel-efficient and environmentally friendly cars. So, as we look towards the rest of the year, it will be interesting to see how it starts to pan out. In Europe, Brexit is having a massive impact in the UK, so no doubt this will affect imports and exports in other parts of the world.