Car manufacturer Toyota is warning of vehicle delivery delays following global disruption to supply chains.
The Japanese multinational said that despite orders for new Toyota vehicles growing in New Zealand due to consumer buying confidence and new model launches, delivery times are being delayed by a range of supply issues overseas.
"The effects of Covid-19, closed borders and delayed shipping and logistics into New Zealand are severely impacting all operational areas of our business," said Neeraj Lala, chief executive of Toyota New Zealand.
"We have seen greater than a 30 per cent reduction in our new and used vehicle sales due to the closure of the borders, and we are forecasting a minimum of ten years impact to our overall value chain including reduced parts and service."