Geely lifts export target 44% after record first-half profit
Geely has raised its 2026 export target to 920,000 vehicles after first-half revenue hit RMB 173.6 billion and profit per vehicle rose 45%.
DRIVEN rebate lifts to $50,000 a site and now covers EV workshop equipment
Round 3 of the DRIVEN rebate stream has opened with the site cap raised to $50,000 and eligibility extended to EV workshop tooling, PPE and battery diagnostics.
Drive claims second-largest marketplace spot on dealer-only listings
Drive says it is now Australia's second-largest automotive marketplace by dealer listings with 85,000-plus dealer vehicles, taking a dealer-only position as carsales widens.
carsales refers buyers to carbar as subscription market consolidates
carsales has partnered with carbar to surface subscription options in the buyer journey, as carbar launches a Group Subscription model and the sector consolidates around two players.
August new vehicle market flat as petrol and diesel slip to 50.5% share
Australian new vehicle sales reached 100,939 in August, up 0.4%, but petrol and diesel fell to 50.5% of light vehicle sales and Chinese brands took five of the top 10.
Carsales launches Nexgate dealer platform, full access for first three months
carsales has launched Nexgate, consolidating sourcing, inventory, pricing and customer engagement into one platform. Dealer partners get full access for three months before features revert to subscription.
Eagers hits record 15.9% Australian share as Canada delivers the profit growth
Eagers Automotive took a record 15.9% of the Australian new vehicle market in the first half, but $43.2m of its $52.7m profit growth came from two months of Canada.
Bala departs GM Australia and New Zealand, Rowe takes acting role
GM Australia and New Zealand managing director Jess Bala is leaving after two decades with the company, with Greg Rowe stepping in as acting managing director.
Merger rules were never meant for the local dealer
The new mandatory merger regime looks set to catch family dealership sales that pose no competition concern. The AADA's call for an exemption has merit.
BMW Group calls creative pitch as Clemenger steps back
BMW Group has put its Australian creative account out to pitch, Mumbrella reports, with long-term incumbent Clemenger BBDO understood not to be recontesting.