Mazda Celebrates a Decade of Kodo Design
Ten years ago the Mazda Shinari concept car introduced the brands “Kodo – Soul of Motion” design language at the 2010 Los Angeles International Motor Show. Head Designer Ikuo Maeda was the person responsible for setting the bold new design direction for the Mazda brand.
Hyundai Motor Group Wants 23 BEVs by 2025
Hyundai Motor Group wants to expand its range of battery electric vehicles (BEV) from the current eight models to 23 by the year 2025. It’s part of future growth strategy unveiled by the Group chairman Euisun Chung in a speech outlining the company’s commitments for 2021 and beyond.
Enforcing Repayment of Disputed Car Loan Reasonable Says FSCL
Financial Services Complaints Ltd (FSCL) says its investigation concludes it is reasonable that a woman should be required to repay a $17,000 car loan that she says she had never signed up for.
Toyota Sees Positives in Final Results
While 2020 may have recorded the toughest trading conditions ever for the automobile industry, caused by COVID-19 lockdowns and a halted rental car sector, Toyota New Zealand is feeling positive about their own results.
Miles Buys Large Christchurch Land Block
Christchurch car dealer and property developer Bruce Miles has bought a large block of land that has been the focus of zoning and legal action near Christchurch Airport. Miles reportedly plans to use it for his business interests and will develop the rest, news agency Stuff says.
New-car sales plunge 22.5%
Toyota dominates the charts in a year of disruption for dealers. New-car registrations in New Zealand came in at 80,849 in 2020, down 22.5 per cent on the previous year’s figures.
Demand for light commercials slips
Used commercial market takes a hit for first-time sales of imports. There were 9,051 used-imported commercials registered for the first time last year, which was a 19.8 per cent decrease compared to the 11,281 units sold in 2019.
New commercials suffer decline
Ford and Toyota battle for top two spots as sector’s annual sales figures fall by nearly one-quarter. There were 38,760 new commercial-vehicle registrations last year, a drop of 23.2 per cent, and 11,721 units, on the volumes seen in 2019.
Supply issues close factory
Honda temporarily mothballs operation due to problems arising from Covid-19 and Brexit. Japanese carmaker Honda says it was due to halt output at its factory in the UK for two days this week due to global supply delays.
Traders record sales boom
Second-time around registrations of used cars by dealers to the public jumped by almost six per cent last month. Dealers sold 18,898 second-hand cars to the public last month, which was up by 5.9 per cent compared to December 2019 when there were 17,837 changes of ownership.
Toyota NZ’s new-vehicle trade plunges 31%
Company hails rebound from Covid-19 and notes the increasing demand for hybrid models. Toyota New Zealand saw its new-vehicle sales slump by nearly one-third in 2020 compared to the previous year, with the company mostly blaming the impacts of Covid-19.
Used imports tumble by nearly one-fifth
Annual figures reveal the full impact of Covid-19 and a disappointing end to the year. There were 113,142 used-imported cars registered in New Zealand in 2020, a drop of 19.5 per cent when compared to 140,590 sales in the previous year.
Ford’s ‘pivotal’ deal with Mahindra goes kaput, adding twist to financials
A cost-cutting deal called “pivotal” by Ford in 2019 has gone kaput, the automaker announced just after the stock market closed on New Year’s Eve.
Toyota NZ down 31 per cent in 2020, but a running start on 2021 with 5700 orders in the bank
We’re yet to see official New Zealand new-vehicle sales figures for the whole of 2020 (expect them in the next week or so), but based on its own numbers market leader Toyota NZ (TNZ) has revealed that it was 31 per cent down on 2019.
Raptor who? Supercharged RAM 1500 TRX emerges for sale in NZ
For a few years now, FCA or Fiat Chrysler Automobiles have been cramming the supercharged 6.2-litre V8 or Hellcat engine into almost everything that has an engine bay big enough.