HOT TOPIC
// Cadillac to enter F1
General Motors and TWG Global have reached an agreement in principle with Formula 1 to put a Cadillac-branded team on the grid in 2026.
- AutoTalk says GM launches Cadillac F1 team and engine
- Driven says General Motors officially launches Cadillac Formula 1 team
HOT TOPIC
// Turners Group Posts A Healthy Half-Year Profit
Turners Automotive Group has lifted its half-year net profit after tax by four per cent to $19.3 million.
- AutoFile says Turners grows in downturn
HOT TOPIC
// Geely EX5 expected in Australia first half of 2025 and likely here too
The Geely EX5 electric SUV will be launched in Australia in the first half of next year.
HOT TOPIC
// Affordable Chinese electric SUV gets even cheaper
The Omoda E5 electric crossover has had its price slashed as part of an end-of-year special, following a decent first seven months on sale for the brand.
- AutoCar says Special Offers for Omoda E5 EVs
HOT TOPIC
// Vehicle imports tumble $1.8b
Annual figures show plunging values for sector with only diesel cars between 1.5 and 2.5 litres bucking trend.
- AutoTalk says Passenger vehicle imports down $1.8b y/y
SPONSORED BY AUTOFLIP
// AutoFlip: A Genuine Advancement
Whether you’re looking to sell your inventory or expand it, AutoFlip offers Kiwi dealers a road paved with convenience and expert personal support. Learn more on the AutoFlip website.
Dealers are finding AutoFlip is the simplest way to buy quality stock quickly, with a wide range of vehicles listed daily. Selling stock is just as simple, AutoFlip leverages technology to make it easy and fast for all dealers to wholesale vehicles and get better margins.
No sign up fees, no listing fees. Register now to start buying and selling stock
BEST OF THE REST
// Industry honours late MP
VIA boss says Nikki Kaye exemplified integrity and a commitment to public service.
IN OTHER NEWS
// Rapid-charge lithium sulphur battery technology for EVs and electric aircraft
Australia’s Monash University engineers have developed an ultra-fast charging lithium sulphur (Li-S) battery capable of powering long-haul electric aircraft and EVs, along with commercial drones.
// Heartland Group reports drop in motor finance
Heartland Group is reporting a 2.5% year-on-year decline in its motor finance portfolio for the four months to October 31.
SPONSORED BY CARJOBS
// Slashing the cost of job advertising
A $99 listing on CarJobs efficiently targets industry people in your desired location using campaigns on Facebook, Instagram, and Google Ads.
Here’s a testimonial from Aaron Chatfield, Dealer Principal | Bay City Mitsubishi
“ We’d spent over $800 on two previous occasions hiring a Parts Advisor in Tauranga. Each time only getting one viable applicant. We gave CarJobs two weeks to prove itself and got three viable applicants in under a week. Very impressed. “
INTERNATIONAL EV NEWS
// Battery Replacement Costs Are Poised To Plunge: ‘Cheaper Than Fixing An Engine’
A new report highlights the outsize effect of falling lithium prices on used EVs and second-life batteries.
ONE LINERS
- Mazda drops a CX-60 PHEV variant in favour of a Hybrid
- Awards battle heats up
- The Ins and Outs of Regenerative Braking
- The ABCs of ADAS: what do all those car safety acronyms mean?
OTHER STUFF
// NZ Car Dealers Private Facebook Group
Join a private community for car dealers to vent about the industry and joke about ‘interesting’ customers. A place to rant, debate, ask for help and help others.
// Advertise Here to reach the Industry
Reach a highly targeted group of automotive industry professionals. Dealer Principal’s, Sales Managers, Parts and Service Managers, Industry Suppliers, and all the people working with them that help influence buying decisions.