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August issue out now

Dealers and finance providers are preparing for law changes slowing down loan approvals. The MIA warns plans to alter emissions-testing regimes will hurt imports, advice for traders on hybrid battery systems, industry statistics, plus much more. 
Posted on 04 August, 2021
August issue out now

Dealers and finance providers are racing against the clock to be ready for law changes that come into force on October 1. They are expected to make the loan process longer, which is likely to impact on sales and increase the cost for people seeking credit to help buy cars. Autofile talks to the experts on the road ahead.

The MIA is gearing up for further submissions about how changes to emissions-testing regimes will effectively ban 90 per cent of its members’ imports from January if proposals remain unchanged. The government wants a shift to the WLTP, to which Euro 6d applies, from the start of 2022 as the benchmark for clean car policies. 

Tony Everett, of the MTA, advises traders to educate customers about battery systems in plug-in and petrol hybrids so expectations are better managed. It’s important for dealers to ensure buyers understand published fuel-use figures are based on prescribed test situations. 

• Biosecurity NZ has approved six transitional facilities after overhauling the way used imports are verified following meetings with VIA and supply-chain operators.

• Simon Rutherford, managing director of Ford NZ, gives his view on market conditions after a bumper month of ute sales.

• Ben Hunt’s loyalty with long-time supporter Subaru of NZ has paid dividends in the NZ Rally Championship.

• It’s no secret much of 2 Cheap Cars’ success comes down to its supply-chain efficiencies and retail approach, but how do they do it?

• The MTA is joining forces with the Minister of Transport to highlight the importance of vehicle maintenance when it comes to saving lives and cutting emissions.

• Why the exemption of EVs from RUC is unlikely to continue after March 31, 2024.

Plus much more, including in-depth industry statistics.

To read the August edition of Autofile, click here.