November 3rd 2023
HOT TOPIC
// Lexus on track for best sales year yet
Local sales of Lexus cars and SUVs have passed the previous annual record – set in 2022 –
- AutoFile says Lexus NZ sets sales record
- Stuff Motoring says Lexus is experiencing a popularity boom in New Zealand
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
// Liquidation risk ‘highest’ for dealers
Dealers are 1.8 times more likely to slip into liquidation than typical New Zealand businesses, according to a new report from credit bureau Centrix.
// Vehicle electrification webinar
A November 7 webinar aims to give an overview of vehicle electrification and what to expect in the next decade.
// Dealer numbers stay stable
Register made net gain of just one extra trader last month and remains well down from numbers seen a year ago.
IN OTHER NEWS
// Lotus launches e-bike
Luxury mobility manufacturer Lotus has launched a light-weight performance e-bike called Type 136.
// Arrow shot at Cybertruck
US commentator and podcaster Joe Rogan has posted a hilarious video of an interview with Tesla chief executive Elon Muck during which Rogan shoots an arrow into a Cybertruck’s side.
// Experts to share FUSO eCanter insights
A special FUSO eCanter event in Hamilton on November 7 will help the transport industry boost its knowledge of the electric light-duty truck.
// Is ‘vegan leather’ really eco-friendly? Leather industry says animal hide is a more sustainable choice
“Vegan leather” has become a must-have alternative to animal hide for many carmakers keen to promote their sustainable credentials, especially in electric cars.
SPONSORED BY AUTOCHECK
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INTERNATIONAL EV NEWS
// Nissan hopes its solid-state EV batteries won’t need cooling at all
It still sees solid-state batteries making sense in electric pickups and SUVs by the end of the decade.
ONE LINERS
- Toyota unveils ‘radical’ Land Cruiser restomod with NASCAR V8
- Electricarna 2024 date confirmed
- ComCom to ensure consumers benefit from electricity lines investment
- Softer new motorcycle market not unexpected in October
- Learn how to trade Clean Car Standard credits with Carbon
- New chair at Drive Electric
- Ringbrothers Rolls-Royce revealed with beating heart of a Corvette
- The Polestar 4 is brand’s cleanest EV to date
- You can now buy a brand new track-only Ferrari Le Mans car
- Rental car giant moving away from Teslas as they’re expensive to fix
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.
// 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.
