Drive Electric warns New Zealand risks being left increasingly “isolated” from the global supply of EVs unless there are consistent policy signals and shared political commitment across el
August issue out now
Drive Electric warns New Zealand risks being left increasingly “isolated” from the global supply of EVs unless there are consistent policy signals and shared political commitment across electoral cycles. Its election manifesto outlines strategic priorities when it comes to supply and demand.
Vehicle depreciation needs to be considered by the Motor Vehicle Disputes Tribunal when rulings go in favour of buyers to help create a “fairer playing field”. The MTA is also lobbying for the Consumer Guarantees Act to be updated.
David Sena, chief executive officer of 2 Cheap Cars, says the company will realise its “full potential” by being delisted from the NZX and privately owned. Autofile delves into his takeover bid.
BMW was the big winner in the inaugural CarExpert Choice Awards with its models claiming five out of 21 categories. The awards recognise brands supplying the “most compelling” new vehicles to the Kiwi market.
Selling cars remains the biggest driver of Turners Automotive Group’s performance. It delivers most of the company’s revenue and a strong profit share even amid the economic slowdown. We look into the drivers of its past financial year.
• Michelle Povey, of Toyota NZ, explains what Service 10+ is all about. It’s a servicing option the brand has introduced for its vehicles more than 10 years old.
• James Hendry, of AdTorque Edge, explains how TikTok is reshaping the car-buying journey and how dealers can boost business by using the platform.
• Steve Vermeulen, of Trade Me Motors, explores the signs of changing consumer behaviour. The rapid rise in consideration for Chinese cars is one of the clearest signs.
• Chief executive Aimee Wiley explains how the MIA may support the government’s policy objectives but identifies changes in its submissions that would make proposals more effective.
• VIA’s Kit Wilkerson says proper market-impact analysis by the government should find out what vehicles will be available in Japan, at what prices and in which specifications when it comes to supply-side policies.
• Car dealers need to get to grips with updated guidance on reporting suspicious activity linked to financing terrorism and money laundering.
Plus: Sir Scott Dixon interview, company fined for selling car with a tampered odometer, industry movers and in-depth statistics for July.
