THE VOICE OF THE NEW ZEALAND AUTOMOTIVE INDUSTRY
ISSUE 76 FEBRUARY 2025
FEBRUARY SPECIALS OUT NOW
SEE BACK PAGE FOR MORE INFORMATION
Steady confidence amidst change: Capricorn’s 2024 snapshot of the DRIVING LIGHTS & LIGHT BAR aftermarket THE RECENTLY RELEASED CAPRICORN STATE OF THE NATION 2024 REPORT OFFERS A DETAILED ANALYSIS OF THE CHALLENGES AND OPPORTUNITIES FACED BY BUSINESS OWNERS IN NEW ZEALAND’S AUTOMOTIVE AFTERMARKET INDUSTRY
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ased on responses from 455 Capricorn Members, this year’s report marks the first-ever New Zealand-specific iteration of the survey, offering valuable insights into the current state of the sector. Despite significant challenges, the automotive aftermarket industry in New Zealand demonstrates resilience and a steady outlook, with many businesses planning for growth and adaptation to changing conditions.
future, their own business prospects, and plans for growth. The index, which draws on responses from 455 New Zealand participants, is calculated from three key questions and provides a single score out of 100. In 2024, the Capricorn Confidence Index for New Zealand stood at 68.0 points, maintaining the same level as in 2021. This consistency suggests that, despite external economic pressures, business owners remain optimistic about the future of the industry. The index provides a valuable tool for understanding industry sentiment, helping stakeholders track the health of the sector and anticipate future trends.
THE CAPRICORN CONFIDENCE INDEX: MEASURING INDUSTRY SENTIMENT In conjunction with the State of the Nation survey, Capricorn has introduced the inaugural Capricorn Confidence Index for New Zealand. This new metric reflects the overall outlook of automotive aftermarket business owners by measuring their confidence in the industry’s
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Narva's new EX2 range offers unrivalled expression with over 20 models, interchangeable colour trims and RGB enabled position lights (EX2R) so you can tailor them to your vehicle or your mood with our phone app. EX2’s hybrid beam provides outstanding width and distance, ensuring exceptional clarity in the dark and Narva’s revolutionary patent-pending harness-free technology makes installation easy. Plus get added confidence with Narva’s ‘no-fault’ 7-year warranty.^ narva.com.au/EX2
Driving Lights 4” | 6” | 7” | 9” Light Bars (Single or Double Row)
@ 1 LUX>
CUSTOM TRIMS
Light Bars (Single or Double Row)
Driving Lights 4” | 6” | 7” | 9”
10” | 20” | 30” | Plus a 3” Pod Light
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10” | 20” | 30” | Plus a 3” Pod WARRANTY^
^We reserve the right to assess and review any warranty claim and make a determination based on the assessment. Misuse or abuse of the no-fault warranty will not be covered. *An EX2 12V RGB Controller allows users to change their front position lights from ADR approved white to any one of 48 colours. > Based on two 9” lamps.