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Nissan Motorsport completes endurance driver line-up

Nissan Motorsport has finalised its endurance driver line-up for the 2013 V8 Championship, confirming the signing of young talent Taz Douglas and Daniel Gaunt in the team’s Norton 360-backed Nissan Altimas.

Survey identifies Australia’s most visible brands

In a recent quarterly survey by legal and accounting group MSI Global Alliance, more than 800 participants nominated a series of businesses across 18 categories to identify Australia’s ‘most visible brands’.

FBT for Automotive Retailers 2013 bulletin available now

Fringe benefit tax (FBT) remains a significant cost for automotive retailers, and as a result of amendments to the statutory formula method calculations for motor vehicles, this cost is likely to increase.Moore Stephens accountants and specialist advisors have been helping clients reduce their FBT liability while maintaining an efficient and practical service.According to Moore Stephens, an average automotive retailer can expect to incur an FBT liability of 8% to 10% of net profit before tax, based on a benchmark net profit to sales percentage of 2.5%.

RACQ welcomes federal boost for Bruce Highway

The Royal Automobile Club of Queens welcomes the federal government's announcement of a $4.1 billion, 10 year commitment to the Bruce Highway.The RACQ say the funding is a significant step forward in the campaign to save lives and bring the Bruce Highway up to a first-world standard.The announcement comes only days after the national launch of the AAA and RACQ federal election campaign, calling for a massive injection of funds for infrastructure in Queensland.

Fine for backyard dealer

Bradley John Green of Greenfields, Perth, has been fined $3750 for unlicensed car dealing.Green pleaded guilty on 12 April 2013 to buying and selling 15 motor vehicles between February 2011 and February 2013 without a licence, in breach of the Motor Vehicle Dealers Act.

Volkswagen Group presents sustainability plans

At its recent annual general meeting in Hanover, the Volkswagen Group presented a comprehensive report detailing its sustainability plans for the future. The report gives information on the progress achieved in economic, environmental and social sustainability in 2012.

Onwards and upwards for Toyota execs

Toyota Australia has announced senior management changes as a result of international appointments for two local executives.Company president and CEO Max Yasuda, says the moves reflect the abilities of the Australian-born management team as well as the strengths and opportunities within a global company."Today's announcements advance Toyota's efforts to integrate the most talented people into its leadership teams in order to provide superior products and services for global, regional and local customers," says Yasuda.

Mustangs muster for Shannons Melbourne sale

Four classic Mustangs – three with rare manual gearboxes and three with right hand drive – will be up for grabs at Shannons Melbourne Autumn Classic auction on Monday 29 April.The eldest stallion is a red 1965 289-cid Shelby GT350 clone, converted to right hand drive and fitted with the three-speed automatic transmission option.Fitted with Shelby-style rear side windows, a fibreglass bonnet with trademark Shelby scoop and the hero model’s distinctive twin-stripe package, the Mustang features after-market 17-inch rims, while enhancements to its 289-cid V8 support its appearance.