In the September edition of AutoTalk Australia we report on Eagers Automotive taking a record 15.9% share of the Australian new vehicle market, and its move to take a 50% stake in the $600 million Zagame super-luxury group.
We also report on Autosports Group lifting revenue to a record $3.19 billion, and carsales launching its Nexgate platform for dealers.
In other news, the ACCC has taken Subaru Australia to court over the Right to Repair scheme, Xpeng has taken direct control of its Australian operation following its split with TrueEV, Jess Bala has departed GM Australia and New Zealand, the FleetPartners takeover battle has intensified with bids nearing $1 billion, KGM’s Musso EV and Torres EVX were sold with fewer airbags than advertised, and Bapcor has posted a $431.6 million loss.
Plus, we examine the latest VFACTS data, which shows the August market held flat as petrol and diesel slipped to 50.5% of light vehicle sales, and new research showing cost pressures are leading Victorians to delay car servicing.
Join the conversation