HOT TOPIC

// BMW confirms end of manual transmission and DCT

BMW has confirmed that it will no longer fit its cars with manual transmissions,

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HOT TOPIC

// NZAI changing name to 2 Cheap Cars Group

NZ Automotive Investments Limited (NZX:NZA) will officially change its name to 2 Cheap Cars Group Limited from June 26.

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HOT TOPIC

// MTA calls for clarity on fuel excise duty reinstatement

With the fuel excise duty (FED) subsidy set to end in two weeks, the Motor Trade Association (MTA) is calling on the New Zealand Government to ensure that all fuel stations are reimbursed for any costs they incurred when it came into effect.

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BEST OF THE REST

// Financial marketplace ClearScore launches in New Zealand

The ClearScore Group says it has launched in New Zealand, providing consumers with a website and app to check their credit score and report.

// Emissions Trading Scheme review

Kiwis are invited to have their say on the New Zealand Emissions Trading Scheme (NZ ETS) and the NZ ETS permanent forest category, with public consultation closing August 11.


INTERNATIONAL EV NEWS

// Tesla Semi recall suggests production is still slow

Tesla has issued a new voluntary recall on the Tesla Semi, in the form of a software update to ensure that the side door warning system works properly.


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IN OTHER NEWS

// Aehra reveals fully electric sedan as second model

Italian electric vehicle startup Aehra has taken the covers off its second-ever model, simply called Sedan, following the SUV that was revealed last year.

// Four future electricity pathways

Business as usual, closure of the Tiwai Point aluminium smelter, large-scale green hydrogen production, and pumped hydroelectricity storage at Lake Onslow are among four options for future electricity pathways.

// Visitor numbers down at 2023 Fieldays

Fieldays 2023 was the first time the event’s been held in winter with the international borders open since 2020, but only 105,000 people came through the gates at the Mystery Creek Events Centre from June 14-17.

// Gain ‘full view of market’

Apexdealerdata.com market report: Christchurch business leads the way as dealers made an average of 12 sales each last week.

// Japan gives Toyota $1.3 billion for EV battery production

Toyota has been given a 120 billion yen ($NZ1.36 billion) grant from the Japanese Government to help ramp up the country’s domestic production of storage batteries, like those used in EVs.


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