Day: May 2, 2023

April U.S. auto sales: Hyundai, Kia up 15% or more

Hyundai and Kia racked up U.S. sales gains for the ninth-straight month in April on higher inventories and incentives, signaling pent-up demand remains healthy even as rising interest rates cool the U.S. economy

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Japanese giant Sojitz swoops on CPE Capital’s prestige car biz Dutton

It was selling 25,000 vehicles a year across its two divisions; Australian prestige, which is a vertically integrated trader and re-marketer of prestige used cars, and Dutton Garage, which is a bespoke, classic

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Mercedes leans on F1 technology to keep up with Tesla in EV race

BRIXWORTH, England — Mercedes-Benz has engaged its Formula One team in the engineering process to build vastly more efficient mass-market electric vehicles, slashing development times by a quarter or more as it jump

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Kyrgios helped cops track down stolen car

Extraordinary details have emerged about how the Aussie tennis star managed to get his car back after it was allegedly stolen at gunpoint. Sky News host James Macpherson says Australian tennis player Nick

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Cheaper utes! Toyota HiLux, Ford Ranger and Mitsubishi Triton in spotlight as used car prices continue to fall – Car News

The days of paying a premium for a decent used car in Australia might soon be over, according to a new report that indicates second-hand car prices are continuing a downward trajectory. The

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Good news for Toyota RAV4 Hybrid wait times – if you’re at the back of the queue

With wait times up to two years – or longer – Toyota Australia has finally overhauled its flawed vehicle allocation process and is now prioritising customers at the back of the queue. View 15

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Every EV coming in 2023 and beyond

THINGS TO KNOW Australia is getting closer to an emissions regulations plan that will further incentivise EVs A national charging network is being built around Australia Family-sized EVs are slowly becoming more affordable

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‘Unaffordable and unavailable’: Frustrated buyers struggle to find a used car

Key Points Buyers continue to struggle to find used cars in Australia. Used car prices are slowly returning to normalcy, but the options are still limited, claim buyers. Mr Singh welcomed his cousin

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Used Tesla prices drop below $40,000 in Australia for first time

Back in January, Tesla cut prices on its new cars to kickstart what many in the automotive industry are now calling price wars. Back then, we saw some used Tesla prices dip below

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