HOT TOPIC
// Chinese marques surge
Emerging brands are contributing to a more diverse new-vehicle market, says the Motor Trade Association.
- AutoTalk says Chinese brands near 20% of August new vehicle market
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// MITO celebrates industry training leaders at inaugural summit and awards
More than 200 industry, government and education representatives attended MITO New Zealand’s inaugural Industry Summit and Awards at Wellington’s Michael Fowler Centre.
IN OTHER NEWS
// Lexus unveils updated NX with new looks and hybrid power
Lexus has unveiled an updated version of its second-generation NX SUV, which will likely land in New Zealand next year.
// Reserve Bank lifts OCR to 2.75%
The Reserve Bank of New Zealand has lifted the Official Cash Rate by 25 basis points to 2.75%, saying a gradual withdrawal of monetary stimulus is needed to bring inflation back under control.
// 1960 electric microcar and McRae rally wreckage head to auction
An early Californian electric car, a home-built children’s Land Rover and a damaged piece of Colin McRae’s 2002 World Rally Championship car are among the unusual lots heading to auction in Auckland this weekend.
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INTERNATIONAL EV NEWS
// EVs Hit A Record 98.7% Market Share In Norway. These Are The Top Sellers
The overwhelming majority of Norwegian car buyers want EVs—and almost none want petrol cars or hybrids.
ONE LINERS
- New Mitsubishi Pajero looks to have lost its tailgate-mounted spare wheel
- GAC combines Oceania and UK operations under new regional structure
- Two all-electric variants
- Truck range grows
- Range Rover Electric unveiled with V8 levels of power and 600km range
- 2027 Cadillac Lyriq prices: American EV gets more kit, range cut
- Kia PV7 teased ahead of September reveal
- Hennessey expands manual Venom F5 beyond the F5-M
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// Farmer Autovillage Wheel Repairs – 50% off your first set
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