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RedBook Australia: Toyota 86 has better resale value than the Subaru BRZ

RedBook Australia has announced its new Marque Equity Index (MEI) to help further its customers better navigate market trends, adjust strategies, and optimise decision-making across the value chain.  For 75 years, it has provided OEMs, banks, insurance companies, and other industry stakeholders with insights into the ever-evolving Australian automotive market.  With so many factors influencing the market, it can be challenging to clearly understand the value a particular vehicle offers compared to others.

10 February 2025

Industry News

MTAQ and TradeMutt launch unique mental health initiative

The Motor Trade Association Queensland (MTA Queensland) has partnered with workwear brand TradeMutt to launch a colourful custom work shirt to promote conversations about mental health among blue-collar workers.

10 February 2025

Industry News

Volkswagen upgrades entry point Polo and T-Roc variants

Volkswagen has upped the specification on its entry point Polo Life and T-Roc CityLife variants for the 2025 model year.  The Polo Life now comes standard with Adaptive Cruise Control (ACC), Lane Assist, and Travel Assist.

10 February 2025

Industry News

Mid-year launch for the new Subaru Forester 

Following the unveiling of Subaru’s next-generation Hybrid powertrain for the Forester line-up at the Chicago Auto Show, the new model range will arrive in Australian showrooms in mid-2025.  Subaru Australia confirms launching the Forester in petrol and Strong Hybrid variants.

10 February 2025

Industry News

Honda Australia appeals $17.5 million damages award

On February 3, 2025, Honda Australia Pty Ltd (Honda Australia) applied for leave to appeal the quantification of the damages sum that the Supreme Court of Victoria ordered that it pay to Brighton Automotive Holdings Pty Ltd (Astoria Brighton) in December 2024.

7 February 2025

Industry News

Tasmania offers cargo e-bike and e-delivery van grants

Small businesses can apply for $2500 grants to buy a cargo e-bike and $20,000 to purchase an electric delivery van, says Tasmania environment minister Madeleine Ogilvie. Grant applications open Thursday February 6 on the ReCFIT website.

5 February 2025

Industry News

European sales of hybrids overtook electrics in 2024

JATO Dynamics reports that the new passenger car market in Europe-28 grew by 0.9% in 2024 to 12,909,741 units.  Despite the slight uptick in registrations, 2024 was the fifth year of muted registration figures compared to pre-pandemic levels.

4 February 2025

Industry News

South Australian company develops V2G capability for Mitsubishi PHEV owners

Mitsubishi Motors Australia Limited (MMAL) has collaborated with South Australian EV charging specialists V2Grid Australia to access its newly developed CHAdeMO bi-directional charger, enabling vehicle-to-grid (V2G) capabilities for Mitsubishi PHEV owners.

3 February 2025

Industry News

Joseph to lead Honda Australia as McMahon heads to NZ

American Honda vice president Jay Joseph has been named chief executive and director of Honda Australia, succeeding Yoshitaka Okamoto in his previous role.

3 February 2025

Industry News

NZ sees Hilux overtake Ranger in January’s new vehicle market

New Zealand’s new passenger vehicle registrations held steady year-on-year in January 2025, but there was a noticeable decline in the commercial segment.

3 February 2025