HOT TOPIC

Turners posts record $63.2m profit in FY26 result

// Turners posts record $63.2m profit in FY26 result

Turners Automotive Group has posted a record normalised net profit before tax of $63.2 million for the year ending March 31, up 16% on FY25, as revenue climbed 9% to $451.2m.

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HOT TOPIC

Call for EV policy pledge

// Call for EV policy pledge

Policy changes have led to New Zealand slipping from being a world leader in 2023 for the electrification of transport, with a raft of countries – including emerging economies – overtaking us.

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HOT TOPIC

Mazda 6e confirmed at $58,990 for New Zealand

// Mazda 6e confirmed at $58,990 for New Zealand

Mazda Motors of New Zealand has confirmed pricing for its all-new electric 6e sedan at $58,990, positioning the battery electric vehicle (BEV) in the premium segment ahead of its September showroom arrival.

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BEST OF THE REST

Toyota Hilux BEV gains five-star ANCAP rating

// Toyota Hilux BEV gains five-star ANCAP rating

Toyota’s battery electric vehicle (BEV) variant of the Hilux has achieved a five-star ANCAP safety rating, matching the safety performance of its diesel hybrid counterparts.


IN OTHER NEWS

Battery SUV launched

// Battery SUV launched

Lexus’ latest all-electric SUV has been launched as the new-vehicle market here “starts to stabilise” and demand for EVs continues to grow.

// Former car dealer sentenced to home detention for death threats

Former Christchurch car dealer Tyson Peter Griffin Adams has been sentenced to seven months’ home detention after threatening to kill his former partner and sending her a video of himself cocking a shotgun.

// Convention offer for Kiwi dealers

New Zealand dealers are being invited to make the trip across the Tasman for the 2026 Australian Automotive Dealer Association (AADA) Convention and Expo, with Kiwi delegates eligible for special registration rates.


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INTERNATIONAL EV NEWS

In a first, wind and solar generated more power than gas globally in April 2026

// In a first, wind and solar generated more power than gas globally in April 2026

Wind and solar just hit a major global milestone: For the first time ever, they generated more electricity than gas for the full month of April.


ONE LINERS

One Liners


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