HOT TOPIC

// MTA eager to work with coalition

Association says a number of issues affecting the automotive industry need addressing across a range of portfolios.

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HOT TOPIC

// Porsche’s new Panamera looks a lot like the old one, but it isn’t

Porsche has revealed the new ‘G3’ Panamera which looks remarkably like the outgoing model but with a decent amount of changes including some tricky new suspension and, eventually, four hybrid models.

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HOT TOPIC

// MTF Finance reports $11.6 million full-year profit for 2023

MTF Finance has today reported a net profit after tax of $11.6 million for the 12 months to 30 September 2023, up 38 per cent on the previous year, with lending assets increasing by 32 per cent to $1.010 billion.

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BEST OF THE REST

// Fisker to produce electric ute 2025

The Fisker Alaska electric ute is set to launch in 2025 and cost about NZ$74,000 (US$45,000).

// Australian man sells EV power to grid

In what’s hailed as a “world first”, Adelaide man Jai (surname anonymous), 29, a residential power user, is able to sell power back at wholesale prices to the grid from his car battery.


IN OTHER NEWS

// Mitsubishi launching Minicab EV In Japan this December

Mitsubishi says its new Minicab EV (20kWh two and four-seater) kei-car commercial vehicle will go on sale in Japan on December 21.

// ANCAP wants to smash big American trucks

Local vehicle safety body ANCAP (the Australasian New Car Assessment Program) is responding to the growing popularity of large American trucks,

// Motorist thirst for bigger cars is erasing emissions gains, says study

The negative impact on the climate from passenger vehicles, which is considerable, could have dropped by more than 30% over the past decade if not for the world’s appetite for large cars, a new report from the Global Fuel Economy Initiative suggests.

// Future Director inductees to join MTF Finance board

Three new directors are joining the board of MTF Finance as part of an initiative to give up-and-coming leaders the opportunity to gain first-hand experience in the role.


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INTERNATIONAL EV NEWS

// EV Batteries Are Perfect For Storing Solar Power

Traditionally, those batteries have consisted of new battery cells — either NMC or LFP. But one company in California thinks used EV battery packs are a simpler and more cost effective way to store electricity for later use.


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