Toyota agrees to $750m settlement over HiLux, Prado and Fortuner DPFs
Toyota Australia will pay $750 million to settle two class actions over faulty diesel particulate filters in about 264,170 HiLux, Fortuner and Prado models.
Used sales rise 6% as dealer share recovers to 43.9%
Used vehicle sales rose to 258,127 in September as listings fell to 390,184 and dealer share recovered to 43.9%.
OzCar enters administration, closing four NSW sites
OzCar Pty Ltd has entered voluntary administration, closing its Lansvale head office and Penrith, Cardiff and North Gosford sites. Two of the sites housed KGM franchises.
Off-road accounts for all the growth as motorcycle sales rise 6.7%
Motorcycle and off-highway vehicle sales reached 68,304 units in the nine months to September. Off-road added more units than the whole market gained.
Porsche targets double the margin on fewer cars in new strategy to 2035
Sportwagenschmiede '35 targets a group operating return on sales of 10 to 15% on about 20% fewer model variants, with more combustion and plug-in hybrid product and a model line above the 911.
Nissan confirms 300kW Navara Pro plug-in hybrid for Australia in 2027
Australia and New Zealand are first in right-hand drive for Nissan's first electrified ute, with 300kW, 800Nm and 3,500kg towing. Pricing and EV range are still to come.
AAAA backs public sales database built from registration data
The aftermarket body wants an independent new-vehicle sales database drawn from state registries and NEVDIS, saying paywalled data is a competition and productivity problem.
CarExpert takes second award for buying service spanning 1,200 dealers
CarExpert has been named Best New Car Advisory and Buying Service for Australia in the FDI Insider Awards, its second award in recent weeks for the service.
CPA Australia wants a dealer order to lock in the EV tax break
CPA Australia has told Treasury its draft electric vehicle FBT legislation leaves buyers exposed to losing the full exemption through delivery delays they cannot control.
Nissan to reveal electrified addition to Australian range on Thursday
Nissan will announce an electrified addition to its Australian range on Thursday, without saying what it is.