New Zealand-based tourism, campervan rental and sales company Tourism Holdings Limited (THL) is securing NZ$30 million from Chinese-owned CITIC Capital International Tourism Fund (CCITF). Another NZ$50m is being raised through a rights offer at NZ$3.40 per share.
New Zealand investment fund Booster Tahi has significantly invested in Dodson Motorsport. Dodson Motorsport produce aftermarket dual clutch transmission components for high end and performance vehicles such as Audi, BMW, Porsche Mercedes and Lamborghini.
Lexus plays a pivotal role in a high-tech connected vehicle trial in Victoria focused on reducing road trauma and improving traffic management. Following on-track development and testing at the Lexus test track in Melbourne’s Altona, testing will now move to Victorian roads.
The new, first generation Genesis G70 sedan delivers advanced technology and performance. The new Genesis G70 offers the choice of two powertrains, with three model grades for each. The turbo 2.0L four-cylinder G70 versions are available in 2.0T and 2.0T Sport.
Nissan Sunderland Plant is celebrating its ten millionth vehicle off the production line. This makes Nissan Sunderland Plant the fastest car factory in the UK to hit ten million mark at 33 years.
EROAD is celebrating a special milestone, having installed its 100,000th unit which was received by long-time customer Hilton Haulage Transport (HHT) in Timaru.
Kia has revealed the Seltos, the highly anticipated new SUV, at a special event in Delhi, India. “Seltos is aimed at youthful, techn-savvy buyers and is packed full of our most cutting-edge technology and safety equipment,” Kia Motors Corporation chief executive officer Han-Woo Park says.
Mood Media Australia has been appointed as Nissan Australia’s local customer experience agency. Mood Media will provide Nissan with digital sight and sound solutions in dealerships nationally, including creating a branded atmosphere through digital and radio screens.
The new Toyota A90 Supra has sold out of its first allocation. The reservation window opened yesterday at 12pm and within the first seven minutes the first 100 orders were reserved.
Arnold Schwarzenegger, former California governor and actor of ‘Terminator’ series fame, worked with Kreisel Electric in Austria to pioneer an electric Hummer.