BEST OF TODAY
// Car dealer steps down after complaints and tribunal rulings
A Christchurch used car dealer has stepped away from his business following a series of customer complaints and tribunal rulings.
// Tribunal’s workload soars
There were 716 new applications filed with the Motor Vehicle Disputes Tribunal (MVDT) in 2024/25, a new annual record after jumping by 132 cases from the previous year.
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IN OTHER NEWS
// Update for clean car data
The NZTA has updated the reference data used for the clean vehicle standard (CVS) even though the government is currently assessing whether to revise the targets for new and used light vehicle imports.
// MTF Finance appoints Sturrock Saunders as chair
MTF Finance has appointed Sturrock Saunders as board chair, effective May 1,
// Motor finance returns to growth at Heartland as EV lending surges
Motor finance has returned to growth at Heartland Group Holdings, with a sharp lift in electric vehicle lending
// Motor claims rise as insurers respond to severe weather damage
Work is under way across AMI, State and NZI to support customers
// Housing wealth decline may dampen automotive market as property values fall 17% from peak
New Zealand’s housing market continues to show signs of weakness that could impact automotive purchasing decisions,
// Spending on fuel up 17.3%
Spending on fuel increased by 17.3 per cent last month when compared to February as Kiwis felt pain at the pump in the wake of the Middle East conflict.
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INTERNATIONAL EV NEWS
// The Humble Hauler Is A Cab-Less Autonomous Truck With 200 Miles Of Range
Humble Robotics built its first prototype in just under six months, and it’s now eyeing the $900 billion truck-based freight industry.
ONE LINERS
- 2027 Hyundai Ioniq 3 is a smaller, rounder and more accessible Ioniq 5
- Australian listed dealer groups achieve revenue growth amid margin pressure
- Smart Concept #2 revives the fortwo for the electric era
- Hyundai to test next-gen N engines at the Nürburgring 24 hour
- BMW reinvents the 7 Series
- BMW marks 50 years of RS bikes with spotlight on new R 1300 RS
- Rimac reveals behind-the-scenes film of plane landing on moving train
- New Porsche Design luggage lets you spec your suitcase like a 911
- Porsche brings wireless charging to Cayenne Electric
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