HOT TOPIC
// Journos hitch a ride in all-electric BMW M3 mule
Four motors, a bonkers amount of power and turbofans to suck it onto the road. That’s the plan for BMW’s electric M3, it would seem, perhaps minus the fans.
- Driven says BMW debuts its new beating heart
HOT TOPIC
// Turners lifts FY25 profit guidance
Turners Automotive Group has updated its FY25 profit guidance, with the company now expecting a net profit before tax (NPBT) of at least $53 million —up from its previous forecast of exceeding $50m.
- AutoFile says Turners on track for record result
HOT TOPIC
// Geneva records $5.9m Q3 pre-tax profit
Geneva Finance has reported a pre-tax profit of $5.9 million for the nine months ending December 31, up $2.9 million (97%) over the same period last year.
- AutoFile says Geneva posts profits jump
SPONSORED BY JAZZ PRINT
// Let’s Jazz you up!
For all your Automotive needs:
Number Plate Surrounds | Registration Holders | Flags and Accessories | WOF and Service Decals | Key Rings and Service Tags | Window Decals | Printing and Stationery | Promotional Products
For orders and enquiries:
sales@jazzprint.co.nz | 0800 52 99 77 | www.jazzprint.co.nz
BEST OF THE REST
// Audi moves upmarket with premium shift and higher prices
Audi is making a bold move upmarket, prioritising prestige over volume sales.
IN OTHER NEWS
// MTF and Institute of Directors announce 2025 future directors
In partnership with the Institute of Directors, MTF has appointed two new future directors, Stephen Coutts and Julia Bentley, to join the MTF board in 2025.
// EV charging demand still strong
ChargeNet reports a 29% increase in year-on-year revenue growth from July to December 2024, saying use of its EV network outpaced an 11% increase in EV registrations.
// Toyota reveals third-gen hydrogen fuel cell system
We don’t hear much about hydrogen development any more. Battery EVs seem to be hogging the limelight and a recharging infrastructure is well established in New Zealand.
SPONSORED BY CARJOBS
// The Home of $99 Recruitment
Slash your automotive recruitment costs and target the industry directly. A $99 listing on CarJobs targets industry people in your desired location using campaigns on Facebook, Instagram, and Google Ads.
NEW Display your listings on your own website at no extra cost!
INTERNATIONAL EV NEWS
// BYD God’s Eye Brings ADAS To The Masses
A few days ago, executive editor Zachary Shahan wrote about God’s Eye, a new automated driver assistance system (ADAS) from BYD.
ONE LINERS
- New face for finance firm
- Tyres made from eggshells?
- LETF Round 16 applications open
- Mercedes-Benz hails winning dealers
- Tesla Model Y Performance model is on the horizon
- Kia reveals new EV4 electric hatchback and sedan twins
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.