The young men were all out of the vehicle when the emergency services arrived.
Two were pronounced dead at the scene.
Of the others, one was critically injured, another seriously injured, and the others were moderate and minor.
“The two flown to Waikato have been listed as being in stable condition,” Somerton said.
“We are not in a position to release the names of the deceased at this time, as next of kin have not all been informed.
“If anyone knows anything about this incident, or who has CCTV footage on their dashcam please contact us.
“They can call us on the l05 number or call into the Gisborne city police station.”