August 4th, 2022
HOT TOPIC
// More changes coming to the CCCFA next year
Minister of commerce and consumer affairs, David Clark [pictured], has confirmed that the controversial Credit Contracts and Consumer Finance Act (CCCFA) is set to receive further reforms next March.
- AutoFile says Extra changes to finance laws
HOT TOPIC
// Princess Diana’s Ford Escort RS Turbo S1 emerges for sale online
The British Royal Family is no stranger to cool cars, but the majority of the collection consists of large sedans and SUVs
- AutoCar says Princess Diana’s Ford Escort RS Turbo for sale
HOT TOPIC
// New-vehicle sales ‘softer’
“Weak market” brought on by rising living costs, climbing fuel prices, vehicle supply issues and weakening economy. The Motor Industry Association (MIA) says that 11,101 registrations of new vehicles for the month of July shows the market is “significantly softer” when compared with the same month of last year.
- AutoCar says New vehicle registrations continue to soften in July
- AutoTalk says MIA: ‘Soft’ car market caused by weakened economy, cost of living
- Stuff Motoring says New vehicle registrations tank in July, hybrids hold out
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BEST OF THE REST
// Hyundai Palisade scores 5-star ANCAP reprieve
The Australian New Car Assessment Program, or ANCAP, has confirmed that Hyundai’s updated Palisade three-row SUV now has a 5-star safety rating.
// Hino falsified emissions data for 20 years
Hino Motors Ltd, a Japanese commercial vehicle maker owned by Toyota has come under fire as it has reportedly been falsifying emissions data since at least 2003.
// Livestream: Home EV charging explained
An expert panel led by EVs and Beyond managing editor Richard Edwards explained many aspects of EV charging in a livestream hosted by Andrew Simms BYD’s Newmarket showroom.
INTERNATIONAL EV NEWS
// 2024 Chevrolet Silverado EV Spotted During Commercial Shoot
Chevrolet is readying its Silverado EV for its debut next year and it looks like it’s already shooting a commercial for the Ultium-based electric pickup.
// Check out this massive Swiss ‘water battery’ that can power up to 900k homes
The 900 megawatt (MW) Nant de France pumped storage power plant in Valais, Switzerland, came online in July after 14 years of challenging construction and testing.
IN OTHER NEWS
// Addition to utility range
Extra features in Takami grade of BT-50 enhance “what is already a fantastic ute”, says marque’s MD. Mazda’s BT-50 utility range is being expanded with the addition of the Takami grade.
// Nissan Leaf battery scheme could impact EV imports
Nissan is reportedly evaluating adopting an electric vehicle subscription scheme in Japan that could have some ramifications for markets like New Zealand in the long term.
// NZ Police thrilled with Skoda Superb fleet
The Skoda Superb has celebrated its first birthday as the official Prime 1 vehicle of the NZ Police, with the wagon attracting glowing reviews from staff.
// Transport and energy feature in first climate adaptation plan
New Zealand’s first climate adaptation plan lays the foundations for resilience and suggests action to address risks including protecting lives, livelihoods, homes, businesses and infrastructure.
// GM cracks down on Corvette and Hummer flippers through warranty threats
The last few years have been the perfect storm for high-end car flippers as chip shortages and pandemic delays have basically meant that vehicle allocations are worth their weight in gold.
// EVs cushion blow of July’s soft new vehicle registrations
A shipment of Tesla Model Ys and Model 3s has landed too late to make July’s EV registrations but will help August figures.
ONE LINERS
- Paul Stephens Porsche 993R revealed
- Watch: New Porsche 911 GT3 RS is caught ripping around the Nürburgring
- Ford unveils electric police F-150 Lightning
- Aston Martin supply issues ease as it teases two new vehicles
- Missed car loan payments rising
HELPFUL RESOURCES
// 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.
