The Australian Competition and Consumer Commission will not block Macquarie Group’s acquisition of dealer finance company Esanda. In a statement yesterday the ACCC said it would not oppose the proposed purchase of Esanda from the ANZ bank.
Ford’s news last week that it wouldn’t close its Broadmeadows plant early has been tempered by questions over its twin-clutch automatic transmission. The factory doors will stay open until October 7, 2016, as planned.
A man parked his new Mercedes-Benz S 63 AMG in front of a Korean dealership, and then smashed it up with a golf club.
A spate of vehicle-related deaths and serious injuries at workplaces has prompted a warning from WorkSafe. The West Australian safety watchdog underlined a number of recent incidents involving vehicles, or parts of them.
Two classic Australian muscle cars could fetch close to six figures at auction next Monday.
BMW chief executive Harald Krueger collapsed during the company’s Frankfurt Motor Show press conference. The BMW event on Tuesday (local time) was canned after the 49-year-old fell shortly after it began.
Australian delivery of the next-generation Holden Astra was confirmed as the covers came off the new model in Frankfurt. The Opel-badged Astra was revealed at the year’s largest motorshow, and is part of the company's five-year plan to introduce 24 new models.
Hyundai will showcase a new performance sub-brand ‘N’ at the Frankfurt Motor Show. The Korean manufacturer is enjoying a rapid growth spurt, and hopes its WRC foray will convert to sales to performance car enthusiasts.
Intel has kicked off a car security initiative as cyber crooks set their sights on connected vehicles. As consumers demand more functionality from their devices, and manufacturers oblige, the door to dodgy access opens a bit wider.
US digital marketing company Search Optics has set up shop in Sydney, aiming squarely at car dealers. General manager Steve Traplin says dealers look to cellphones to get an edge in the current automotive climate.