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BMW Group gets autonomous driving licence in China

BMW Group is the first international auto maker to obtain an autonomous driving road test licence in China. The Shanghai Intelligent Connected Autonomous Driving Test License marks a big step on the path to autonomous driving, BMW says..

AHG profits take hit over finance regulations

Automotive Holdings Group has recorded profit declines connected to more stringent finance and insurance product regulations. AHG has told investors half-yearly earnings have been below anticipated levels, partly due to new ASIC-enforced restrictions on flex commissions on vehicle loans, and other add-on finance products.

Nissan Motorsport packs up Supercars support

Nissan Australia has announced it will cease factory competition in top-echelon Supercars racing at the end of 2018 Nissan Motorsport joined V8 Supercars for the 2013 season with factory support of Kelly Racing which ended its illustrious relationship with Holden Motorsport.

Banks and dealers hesitant to stop flex commissions?

Westpac and its dealership clients are reluctant to step away from 'unethical' flex commissions despite banking royal commission findings, documents reveal. The Australian Securities and Investments Commission (ASIC) declared in September it would ban flex commissions from November 2018, however lenders are still condoning the practice.