Industry News: New generation Actros provides significant fuel savings

An Australian logistics operator is enjoying a 25% improvement in diesel consumption since it recently took delivery of a new generation Mercedes-Benz Actros to its fleet.

A member of the Perth-based CTI Logistics operation, GMK Logistics has been delivering flooring products to customers since 1962.

Based in Sydney, GMK Logistics operates nationally, with depots in Brisbane, Newcastle, Melbourne, Adelaide and Perth and runs express and linehaul services between all capital cities. Continue reading “New generation Actros provides significant fuel savings” »

An Australian logistics operator is enjoying a 25% improvement in dies ...

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Industry News: Volvo recognises top dealerships and staff

Volvo Car Australia has revealed the winners of its Awards of Excellence, recognising the top Volvo dealerships and staff across Australia.

At a gala dinner held at Sydney’s Taronga Zoo, Volvo Cars Sydney won the Pinnacle award for the best major metropolitan dealership in Australia.

Geelong based Rex Gorrell Volvo won the Pinnacle award for the best metropolitan dealership, and the Moss Vale based Allan Mackay Volvo won the Pinnacle award for the best rural dealership in Australia. Continue reading “Volvo recognises top dealerships and staff” »

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Industry News: Geely, PSA Group to bid for Proton and Lotus brands

Zhejiang Geely Holding Group, the Chinese auto maker that owns Volvo Cars, is readying a bid for a majority stake in Malaysian car maker Proton.

Although full details of Geely’s bid are yet to be revealed, it is believed part of the offer to Proton’s current owner DRB-Hicom will include access to Geely’s latest vehicle technologies to help boost the profile of struggling Proton, Reuters reports.

In return, Geely would gain access to a broad selection of right-hand drive markets that it currently misses out on like Australia, the United Kingdom, India, Malaysia and possibly New Zealand which would represent sales of almost 8 million vehicles per year. Continue reading “Geely, PSA Group to bid for Proton and Lotus brands” »

Zhejiang Geely Holding Group, the Chinese auto maker that owns Volvo C ...

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Industry News: Honda to offer a glimpse of three future prototypes

Honda will showcase a range of its advanced vehicle and powertrain technologies at the upcoming Geneva Motor Show.

The carmaker will offer a glimpse of the Honda Civic Type R, the Honda Clarity powered by a fuel cell, and the Honda Neuv electric vehicle.

The highlight of Honda’s show presence will be the unveiling of the all-new Civic Type R. The Type R was developed in parallel with the new standard Civic hatchback. Continue reading “Honda to offer a glimpse of three future prototypes” »

Honda will showcase a range of its advanced vehicle and powertrain tec ...

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Industry News: Caltex Australia decreases dividend for Gull acquisition

Caltex Australia is decreasing its dividend in preparation for settlement of its acquisition of Gull New Zealand.

BusinessDesk says the Australian fuel giant has reported a 17% jump in annual profit despite revenue dropping, and is looking to regional expansion with its acquisition of Gull New Zealand the first step.

According to BusinessDesk, Caltex booked A$610 million in profit for the year ended Dec. 31, 2016, up from A$522 million a year earlier, despite revenue dropping 10$ to A$17.9 billion. Continue reading “Caltex Australia decreases dividend for Gull acquisition” »

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Industry News: Mazda announces recalls for 2, 3 and 6 models and BT-50 Ute

Mazda Australia is recalling certain versions of its three most popular models after finding a defect in their seats

Customers who bought one of the cars built between September 4, 2007 and March 28, 2012 should contact a Mazda dealership after the carmaker announced a recall on its Mazda 2, 3 and 6 models.

The Mazda2 (DE), Mazda3 (BL) and Mazda6 (GH) were all found to have the same defect. Continue reading “Mazda announces recalls for 2, 3 and 6 models and BT-50 Ute” »

Mazda Australia is recalling certain versions of its three most popula ...

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Industry News: Vehicle insurance claims soar following Sydney hailstorms

The heavy rain and hailstorms that battered Sydney’s north western suburbs and northern beaches last week have triggered thousands of insurance claims – mostly for damage to vehicles.

The Insurance Council of Australia (ICA) labelled the powerful storm a “catastrophe”, with insurers receiving around 17,500 claims across Sydney and estimated insured losses of $42 million.

The ICA also classified the recent New South Wales bushfires, which claimed at least 45 homes, a catastrophic event, prompting 1200 claims and totalling $28.5 million in insured losses. Continue reading “Vehicle insurance claims soar following Sydney hailstorms” »

The heavy rain and hailstorms that battered Sydney's north western sub ...

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Industry News: Bapcor reports 30% profit increase

Bapcor’s takeover of Hellaby Holdings hasn’t put a dent in its profitability.

Its net profit after tax for the six months to December is $AUD25.3 million (NZ$27.1 million) – up 30% on the previous year.

Bapcor chief executive Darryl Abotomey says he is pleased with the results. Continue reading “Bapcor reports 30% profit increase” »

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