HOT TOPIC

// First Cupra PHEV lands in local dealerships

The first Cupra plug-in hybrid electric vehicle (PHEV) has arrived in New Zealand dealerships in the shape of the Formentor V e-hybrid.

// More on this 

HOT TOPIC

// Porsche’s new 911 GT3 R rennsport track car is unhinged

If you thought Porsche had run out of ideas on how to revolutionise its best-selling sports car, then you’d be…

// More on this 

SPONSORED BY KATO HOLDINGS

// Hey Tina, I love buying cars too!

But you can have the imported euros.

I pay top wholesale prices for NZ New vehicles under 10 years old.

You’ll receive fast, professional service. Instant payment, picked up and gone, usually within 2 working days. One of my customers had this to say: “Wayne’s sincerity shines through. An exceptional individual and a joy to work with.” Monish from Winger Motors.

Oh and also, if you let me know what stock you’re after, I’ll start sending you cars to price.

Wayne Ko, Director, Kato Holdings Ltd
Mobile: 027-559-6930
Email: katoholdings@outlook.com

BEST OF THE REST

// Mitsubishi forced out of China, will refocus on Oceania

Mitsubishi has been forced to pull out of China amid tough competition from cut-price rivals.

// Reserve Bank investigates Geneva subsidiary

Auckland-based car finance, personal loan and insurance group Geneva Finance says its subsidiary Quest Insurance Group is under investigation by the Reserve Bank’s enforcement team.

IN OTHER NEWS

// Rigorous new ANCAP protocol scores Lexus RZ five stars

ANCAP Safety has awarded the battery electric Lexus RZ a maximum five star rating under its recently updated protocols, which is the strictest safety testing yet seen in Australia and New Zealand.

// Passenger EV now part of the mainstream says retail group boss

The chief executive of the NZX-listed Colonial Motor Company, Alexander Gibbons, has taken a swipe at the government’s Clean Car Scheme and he also declared that passenger electric vehicles are now part of the mainstream market in New Zealand

// Solar panels reduce dealership reliance on traditional energy sources

To meet its long term environmental objectives, Miles Toyota recently installed 171 individual solar panels on the roof of its dealership buildings in central Christchurch in an effort to utilise more sustainable energy sources.

// Company ‘resetting foundations’

Chief executive says 2 Cheap Cars’ focus will be on what it “does well” – and that’s retailing affordable vehicles.

SPONSORED BY APEX DEALER DATA

// Market shortage or Market Saturation?

Looking at a vehicle to bring into stock? This tool will tell you in seconds two vital pieces of information:

  1. How many have been selling over the last 3 months
  2. How many are for sale right now.

If there’s only been a few selling each month, and there’s 10 in your local market right now.

Maybe give it a miss.

Watch this short demo, and sign up for a 2 week free trial.

INTERNATIONAL EV NEWS

// Tesla breaks ground on its futuristic diner with drive-in theater and Supercharger

Tesla has broken ground on the site of its planned futuristic diner with a drive-in theater and Supercharger station.

// High-Stakes Trial Over Fatal Tesla Autopilot Incident Begins In California

The plaintiffs have accused Tesla of knowingly installing faulty Autopilot systems into its EVs.

ONE LINERS

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.

Join the discussion

// 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.

NEW Boost your job ads for only $50/wk