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THL proposes asset divestment in Apollo merger

Tourism Holdings Ltd (THL) is offering to divest a significant amount of Trans-Tasman assets to Next Capital’s Jucy Rentals, in its bid to satisfy regulators in New Zealand and Australia for its proposed merger with Apollo Tourism and Leisure Ltd (ATL).

Franchised new car dealers welcome competition

Australia’s franchised new car dealers are welcoming the competition for service and repair that will arise from the Motor Vehicle Information Scheme (MVIS) coming into effect from July 1 says the Australian Automotive Dealers Association (AADA).

Nissan celebrates 10 years of Leaf sales in Australia

Nissan Australia is celebrating the tenth anniversary of the all-electric Leaf hatchback which officially began sales here in June 2012. More than 2000 examples of the electric hatchback have sold across Australia — contributing to the more than 600,000 sales worldwide — since its launch here 10 years ago.