Toyota has released its latest financial results for the first-quarter of the 2023 financial year, detailing a drop in production volumes and income. The company says that rising material costs, COVID-related lockdowns, a natural disaster in South Africa, and supply chain nightmares are primarily to blame for the decrease in […]
Year: 2022
JLR opens electrical interference test facility for future vehicles
Jaguar Land Rover (JLR) has announced it has opened up a brand-new facility to test the next-generation of its vehicles against electrical and radio interference to future-proof its lineup. It’s known as the Electromagnetic Compatibility (EMC) laboratory which is based in the UK, housing a team deployed to ensure JLR’s […]
Ford Focus ST, Fiesta ST being dropped from Australian range
In a move that will no doubt sadden hot hatch fans, Ford Australia has announced it will be dropping the Fiesta ST and Focus ST from the local lineup by the end of this year. Ford Australia says it is cancelling these models so it can concentrate on areas of […]
Australian mining company secures battery-grade lithium deal with BMW
An Australian lithium miner has managed to secure a significant agreement with BMW to supply battery-grade lithium in part of a transition toward more eco-friendly sources of power. The company, European Lithium (headquartered in Australia), signed a Memorandum of Understanding with BMW to supply the company with lithium hydroxide for […]
Production of ultra-rare Bentley Bacalar nears completion
Bentley says that its ultra-exclusive production run of the Bentley Mulliner Bacalar is about to come to an end with eight of the 12 units in total now in the hands of some lucky customers. Bentley describes the Bacalar as the “ultimate expression of two-seat, open-air luxury” and marks the […]
BMW global sales drop 13.4% in H1 2022, profits up 65.9%
BMW Group has posted its financial and sales results for the first half of 2022, detailing a steep drop in the company’s delivery numbers but a spike in profit figures over the same period last year. All up, BMW Group posted a profit before tax figure of 16.1 billion euros […]
Australian vehicle sales for July 2022: VFACTS
Australian new vehicle registration figures for July have been released, in the form of VFACTS, and they show a slight increase in overall sales compared with the same month last year. One area that is clearly gaining interest is electric vehicles, with sales booming 276.6 per cent year-to-date (YTD). During […]
Hino apologises for two decades of fake emissions data – report
Toyota subsidiary, Hino, has apologised after company-commissioned investigation found that more than two decades of emissions data was faked by engineers on some engines in order to curry favour with their superiors. The investigative probe was first launched by the company and found that emissions data on some engines reaching […]