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Recalls, write-offs and Aussies

Posted on 16 April, 2014

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About 25 per cent of used vehicles imported from Australia are statutory write-offs, but the NZTA is now confident it’s identifying them at the border after reviewing compliance procedures. Up to February, 23 per cent were flood damaged, 69 per cent had collision damage and the rest were fire, hail or maliciously damaged. Autofile examines this issue in depth – and you may be surprised by some importers’ margins. Toyota NZ is working to ensure it gets the numbers of models here affected by global recalls correct. It says: “Recalls are a fact of life across the industry.” Meanwhile, Toyota Motor Corporation is improving processes after reaching a US$1.2 billion settlement for being too slow to recall vehicles. It follows the company calling back more than 10 million units worldwide in 2009 and 2010 for unintended acceleration issues. The 13th ITS Asia-Pacific Forum sees international experts coming to Auckland for the first time such a conference takes place in this country. Four Kiwis are among keynote speakers discussing intelligent transportation systems at the three-day conference. The IMVIA has hosted talks with members of Australia’s automotive industry. It has agreed to continue investigating forming an association there with possible Kiwi involvement. New Plymouth is a city running off the benefits of oil and gas. Vehicle sales in the Naki are booming, but dealers report issues with retaining mechanics and technicians. PLUS: Malcolm Yorston on Australia’s Registered Automotive Workshop Scheme, Ray Meharg explains why car insurance is key to higher profits, AutoTerminal NZ is focused on high-quality used imports from Japan and we review Geneva Motor Show,