HOT TOPIC

// Trucking toward lower emissions

Fonterra has its first electric milk tanker called “Milk-E”. It operates on battery-swap technology, meaning just a few minutes’ downtime to swap batteries which can be charged at off-peak times,

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HOT TOPIC

// Mass board exodus at 2 Cheap

Shares of parent company put in brief trading halt following raft of resignations over deteriorating boardroom relations.

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HOT TOPIC

// Raptor R: Ford brings the fight to Ram by revealing 700hp Shelby-powered F-150

Despite the rising cost of fuel, and the rise in popularity of electric power in the automotive world, American brands don’t seem to be too fazed, as they’re pushing on with insane supercharged V8-powered vehicles.

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HOT TOPIC

// Geneva Finance celebrate 22% profit jump

Geneva Finance has released its financial report for the financial year ended March 31, 2022, confirming a 22% year-on-year profit.

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HOT TOPIC

// Hyundai electric ute could be on the horizon

Hyundai could be the next manufacturer to add an electric ute to its development plans, with comments made to Australian press seemingly confirming that a Korean plug-in pick-up is on the company’s radar.

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BEST OF THE REST

// Australian group buys leading Auckland BMW dealerships

Australia’s Autosports Group Ltd has acquired three New Zealand dealerships as part of an AU$63.6m ($70.4m) purchase.


INTERNATIONAL EV NEWS

// Lotus completes billion dollar factory in China, rolls first all-electric Eletre off assembly line

Sport and racing car manufacturer Lotus Cars announced it has officially completed its $1.2 billion production facility in Wuhan, China where several of the company’s future BEVs will be built.

// A 5-minute EV charging startup raises $59 million

A Cambridge University professor’s ultrafast EV battery startup has raised $59 million in Series B funding.


IN OTHER NEWS

// Baby Jeep EV leaked

Images of an upcoming Jeep model have been leaked ahead of its official debut in October. Earlier this year, a series of images of the compact SUV were released by Jeep which confirmed that the new model will launch at some point in 2023.

// ‘Serious concerns’ over plan to ban new petrol cars by 2035 in Canberra

A plan to ban new petrol cars in the ACT by 2035 has raised concerns that the move will create some big problems for many residents.

// Environmental activists deflating SUV tyres worldwide, including New Zealand

An environmental activist group known as The Tyre Extinguishers has been causing havoc amongst innocent motorists all over the world by deflating their tyres in an act of protest.


ONE LINERS


HELPFUL RESOURCES

NZCD Main Header

// NZ Car Dealers Private Facebook Group

Many of today’s topics are being discussed in the NZ Car Dealers private Facebook group. Check out what industry people have to say.

// Current National New Car Deals

Updated every Friday, here’s a complete list of current National deals for new cars, utes, and light commercials.

// Clean Car Discount / Fee Finder

RightCar.govt.nz is the Government recommended website for rebate/fee information. Simply search from the Home page to find a vehicle’s rebate/fee.