Dealer demo stock builds as near-new EV holdings jump 69%
Dealers held 73,708 demonstrator and near-new vehicles in October, with near-new EV stock up 68.8% since July, AADA and AutoGrab data shows.
Dealers held 73,708 demonstrator and near-new vehicles in October, with near-new EV stock up 68.8% since July, AADA and AutoGrab data shows.
AutoSwift, developer of dealership AI platform AI WINGMAN, has secured close to $10 million from Singapore-based X Star Technology.
Honda Australia has teased the Avancier, the first model of a new generation for the brand.
Jaecoo Australia will feature on the back of the Sydney Kings jersey for the 2026/27 NBL season.
Mitsubishi Australia's accessories team has developed 20 Genuine Accessories for the new Pajero, many made locally.
AADA says competition benefits buyers but dealers are absorbing the cost, with the first negative quarterly profit result since the GFC.
Australian new vehicle sales rose 3.8% in October to 103,325, with battery EVs on 23.1% and the HiLux back on top.
The share of Carma customers trading in a car for a cheaper one rose to 5.3% in the third quarter, from 3.3% a year earlier.
Tesla and Polestar have delivered 47,554 vehicles in Australia this year, up 86% on 2025, EVC data shows.
Xiaomi has posted Sydney job listings for legal and auto finance roles covering its Australian automotive business.