New Zealand Exclusive - The Cheapest Cars in the World? just-auto.com Reports
24 November 2000
New Zealand Exclusive - The Cheapest Cars in the World? just-auto.com ReportsLONDON, Nov. 24 http://www.just-auto.com -- During 15 years of economic reform, New Zealand has exchanged a dozen tariff-protected car plants for some of the cheapest cars in the world. Cars are big business in New Zealand. With the same land area as Britain, petrol and diesel comparatively cheap and a poor public transport system outside the capital city, New Zealanders rely on the motor car. The exclusive report at http://just-auto.com/features_detail.asp?art=347 looks at the purchasing trends in New Zealand, the country's love of imported used cars and the foreseeable problems that this market could cause. Used vehicles, the majority from Japan, are mostly restored and sold with a factory warranty. They're a popular choice -- in 1999 139,400 used imports were sold compared with 72,232 new vehicles. It is a set up that sounds ideal but the current Labour government has recognised the hidden costs of such vehicles arguing that New Zealand has an aging car fleet which causes, among other problems, more pollution. To read the full exclusive, please see here: http://just-auto.com/features_detail.asp?art=347 just-auto.com is the premier online portal for automotive industry professionals worldwide. Targeted specifically at industry and business professionals, the site provides a single point of reference for independent automotive industry information.