Bapcor posts $431.6m loss amid turnaround push
Bapcor has reported a statutory net loss after tax of A$431.6 million for the year to June 30, as significant impairment charges weighed on its FY26 result.
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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.
Xpeng takes direct control in Australia following TrueEV split
Xpeng Motors Australia says it will directly support customers who bought vehicles through TrueEV following the formal end of its Australian distributor arrangement.
Repco gears up for Melbourne 4×4 show debut
Repco will make its debut at the National 4x4 Outdoors Show in Melbourne this week with a major display of four-wheel-drive products, demonstrations, giveaways and a new collaboration with 4WD 24/7.
Australian used car market rebounds in July
Australia's used vehicle market rebounded in July, with sales increasing 11.8% month-on-month to 240,311 units after a June slowdown driven by end-of-financial-year demonstrator clearances.
carsales adds Westpac finance to private listings
carsales has partnered with Westpac on a referral pathway that puts finance in front of private buyers, with indicative repayment figures now appearing on private listings across carsales.com.au and RedBook.
Australian EV sales top 20% as market sets July record
Australia's new vehicle market recorded its strongest July on record, with battery electric vehicles accounting for more than one in five sales, according to the latest VFACTS figures. A total of 23,510 battery electric vehicles were sold during the month, representing 21.7% of all new vehicle deliveries.
Hyundai marks 40 years and 2.2 million vehicle sales in Australia
Hyundai is celebrating 40 years in Australia, having sold 2.2 million vehicles since entering the market with the Excel hatchback in August 1986. The brand began with a single Perth dealership after local dealer John Hughes and entrepreneur Alan Bond secured the Australian distribution rights.
AADA seeks merger law exemption for franchised dealers
The Australian Automotive Dealer Association (AADA) is calling on the Federal Government to exempt family-owned and small to medium-sized franchised new vehicle dealerships from Australia's new mandatory merger notification regime.
Review finds Australia’s consumer laws failing car buyers
An independent review commissioned by the Australian Automotive Dealer Association (AADA) has found Australia's consumer law framework is failing both car buyers and franchised new vehicle dealers, resulting in lengthy delays, higher costs and poorer outcomes for consumers.
