The auto parts industry is an important part of New Zealand's economy. It accounts for around four percent of the businesses and the employment of 59-thousand people.
The auto parts sector in New Zealand is made up of about 130 companies most of which are located in the Auckland, Waikato-Bay of Plenty and Canterbury regions. New Zealand manufacturers are very diverse in size, core competencies, product lines, research, markets, distribution channels and location. The industry's product range encompasses tyres, windscreens, wheels, engine components, electronic items and a wide range of vehicle accessories.
At the smaller end of the market are companies targeting specialist niche markets, often linked to high performance vehicles. At the top end of the industry are large overseas-owned companies competing successfully in a range of international markets. A number of the smaller and mid-range companies are also involved in areas of manufacturing not necessarily related to automotive components, such as military, marine, aviation, industrial and domestic hardware.
New Zealand's core capability lies in the original equipment and spare parts area, accounting for 68% of the total sector. However, companies operating in the other sectors also enjoy considerable export success.
