HOT TOPIC
// Armstrong’s hits pause on Australasian initial public offer
The privately-owned Kiwi automotive dealership group, Armstrong’s, has confirmed that it will delay its plans to dual list on the main board of the New Zealand Stock Exchange and Australian Stock Exchange.
- AutoFile says Dealer group delays IPO plans
- Stuff Motoring says Car dealer Armstrong’s delays sharemarket listing, citing ‘market turbulence’
HOT TOPIC
// Bowater Toyota lands top award
Nelson-based dealership wins brand’s supreme awards for the fourth time after year of “hard work”.
HOT TOPIC
// Next-generation Porsche 718 confirmed to be electric
Porsche has confirmed the next generation of 718 sports cars, comprising the Boxster and Cayman models, will go fully electric.
- EVs and Beyond says Porsche aims for 80% EVs in 2030
HOT TOPIC
// Prodrive takes Dakar knowledge and builds all-terrain hypercar
British carmaker Prodrive has given the motoring world another car no one asked for, no one needs, but everyone wants.
- Driven says This weird new supercar costs $1100 to fill
HOT TOPIC
// EV Torque – swap the fleet time!
More than half of new cars sold in New Zealand are purchased by businesses. And the majority of these end up in corporate fleets or in car-sharing programmes.
- EVs and Beyond says Xero NZ gets EVs
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- Newcoat solves the application hassles of other products
- Most dealerships double their conversion rate when they switch to Newcoat
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BEST OF THE REST
// Audi unveils A6 Avant e-tron concept – more to come
Based on the Porsche Premium Platform Electric (PPE) it will offer up to 700km range (WLTP) from its 100kmh battery with 350kW of power and 800Nm torque, depending on the model.
// Dealers given economy labels deadline
Authority announces a two-week window for businesses to update details for vehicles offered for sale in yards and online.
IN OTHER NEWS
// NZ demand for EVs having a field day, interest at Hyundai up by over 400%
With petrol prices nearing unaffordable highs and lengthy delays importing new cars, local demand for electric vehicles is having a…
// Second-hand EVs surge in popularity
As fuel prices consistently touch and break the $ 3-per-liter mark, it seems more and more people are looking to make the jump to electric power.
// Aussie used importers fire shot at government department
Battle lines are being drawn up between the professional body that represents the imported used car trade in Australia, and the federal government department which is changing the legislation governing the industry.
// Volvo FL Electric tested in harsh climate and city streets
Equipped with Volvo’s second-generation battery packs with a capacity totaling 265kW, local engineers subjected the vehicle to a series of on-road tests in 35 degrees plus heat.
// National urges changes for RUC relief
The National Party is calling on the Government to introduce urgent legislation enabling reductions in road user charges (RUCs) following its move to relieve pressure at the pump.
// Toyota RAV4, Land Cruiser production impacted by the earthquake
Toyota has announced a wave of temporary production pauses across a series of its factories in Japan following a 7.4 magnitude earthquake that hit the nation last week.
ONE LINERS
- Stellantis CEO Confident, “Not Arrogant,” Of Catching Up With Tesla
- Some Volkswagen EVs already sold out for 2022 in Europe
- Could there be an Audi ute in our future?
- Mini New Zealand gets new head of marketing
HELPFUL RESOURCES
// Current National New Car Deals
Updated every Friday, here’s a complete list of current National deals for new cars, utes, and light commercials.
// Clean Car Discount / Fee Finder
RightCar.govt.nz is the Government recommended website for rebate/fee information. Simply search from the Home page to find a vehicle’s rebate/fee.