DVG co-founder steps down
DVG Automotive Group co-founder and chief executive Lou Divirgilio is stepping down as managing director of his family’s dealership business. Japanese owner IDOM president Takayoshi Udagawa will take over from March 1, while Divirgilio remains Read More
DVG Automotive Group co-founder and chief executive Lou Divirgilio is ...
Mercedes X-Class sets ute safety benchmark
Mercedes-Benz is the first manufacturer in Australia to make autonomous emergency braking standard on its entire range of X-Class ute, earning a five-star ANCAP safety rating. Australasian New Car Assessment Program has given the imminent-to-market Read More
Mercedes-Benz is the first manufacturer in Australia to make autonomou ...
Industry News: Tomcar in administration
Off-road all-terrain vehicle manufacturer Tomcar Australia has gone into voluntary administration.
The bustling local manufacturing business which made $1.55 million in revenue in financial year 2017 has halted operations because of an investor backing out and rising legal costs.
According to a statement investigations have commenced by administrator Jirsch Sutherland to establish selling the Oakleigh business with what assets are available, Manufacturing
Monthly reports. Read the full story »
Off-road all-terrain vehicle manufacturer Tomcar Australia has gone in ...
Industry News: Mercedes apologises to China
German luxury car giant Mercedes-Benz has been forced to apologise to the Chinese people after quoting the Dalai Lama.
The company uploaded a post to its Instagram account showing one of its vehicles on the beach, with the Dalai Lama quote “Look at situations from all angles, and you will become more open”.
However, the Tibetan spiritual leader isn’t popular with the Chinese government due to his criticism of the regime. Read the full story »
German luxury car giant Mercedes-Benz has been forced to apologise to ...
Industry News: Ford Ranger Raptor jumps into existence
Ford’s F150 Raptor is known for its jumping ability, and its new, smaller Ranger equivalent did just that at its reveal in Thailand last night.
The model jumped an artificial hill at the event. The sports version of the Ranger is due here in the third quarter of this year.
It brings with it a new look, unique suspension, and interestingly a new high-powered diesel engine and ten-speed automatic transmission. Read the full story »
Ford's F150 Raptor is known for its jumping ability, and its new, smal ...
A teaser image of Hyundai’s first fully-electric SUV has been released ahead of its official unveiling on February 27.
The Kona Electric is due on the market in the middle of this year and is being considered for Australia.
It will feature two different powertrain versions with a range of almost 470km. Read the full story »
A teaser image of Hyundai’s first fully-electric SUV has been released ...
Industry News: McLaren Senna details released
Specifications for the new McLaren Senna, named after Formula 1 racing legend Ayrton Senna, have been released.
The car will make its public debut on March 6 at the 88th Geneva International Motor Show.
It will be able reach an impressive 0-200km/h in 6.8 seconds and 0-100km/h in 2.8 seconds, with a maximum speed of 340km/h. Read the full story »
Specifications for the new McLaren Senna, named after Formula 1 racing ...
Industry News: Lyft join forces with dealers
Ridesharing company Lyft has signed a mutually beneficial agreement with dealers in the United States.
In a blog post, Lyft says its partnership with the National Independent Automobile Dealers Association (NIADA) will “help improve the customer experience at dealerships, provide a new way for drivers to get on the road, and to help auto dealers increase their sales through referral opportunities”.
The agreement focuses on helping connect auto dealers with Lyft drivers who need cars, while dealerships will receive a bonus for referring new drivers. Read the full story »
Ridesharing company Lyft has signed a mutually beneficial agreement wi ...
Industry News: Dealer association responds to executive study
The Australian Automotive Dealer Association (AADA) has responded to a KPMG study that asked over 950 global executives, CEOs and managers about the automotive industry’s future.
Many executives believed the electric vehicle and autonomy transition would lead to the decline of “bricks and mortar” dealerships within the next decade – the AADA thinks differently.
KPMG’s respondents to the 2018 Global Automotive Executive Survey found 56% of executives believe that physical retail outlets will be reduced by 30% to 50% by 2025.
The Australian Automotive Dealer Association (AADA) has responded to a ...
Industry News: Rare Aston Martin for auction once owned by Sir Elton John
A rare Aston Martin formerly owned by Sir Elton John is offered at the Silverstone Auctions Race Retro Classic Car Sale in Britain on February 24 and 25.
The hand-built 1997 V8 Vantage V550, which Sir Elton ordered new from the Aston Martin factory in Newport Pagnell, is expected to fetch up to 250,000 pounds (A$442,000)) at auction.
It has 8663 miles (13,941km) on the clock, and it comes with its original service books and invoices.
Read the full story »
A rare Aston Martin formerly owned by Sir Elton John is offered at the ...
Industry News: SpaceX fires Tesla Roadster into orbit
Elon Musk’s red Tesla Roadster has been sent into space on his SpaceX’s Falcon Heavy rocket.
The private space company, led by the Tesla chief executive officer, launched the rocket from Florida’s Kennedy Space Center today.
Musk posted an image of his car fixed to a part of the rocket with a dummy at the wheel on Instagram, CNBC reports Read the full story »
Elon Musk’s red Tesla Roadster has been sent into space on his SpaceX' ...
Industry News: Lotus working on SUVs
British sports and racing car maker Lotus has officially begun work on its first sports utility vehicle (SUV), promising to deliver by 2022.
It may be a full electric or hybrid vehicle.
Before debuting its first family hauler, Lotus says it has two sports cars to get into the market by 2020, which will be the company’s first all-new car since the Evora nearly a decade ago. Read the full story »
British sports and racing car maker Lotus has officially begun work on ...
