Industry

Toyota Australia reports $206 million profit for FY19

Jun 21, 2019

Toyota Motor Corporation Australia, which includes Lexus, has reported an after-tax profit of AU$206 million for the financial year ending March 31 (FY19). This is up from $137 million during FY2018. The just-passed period was...

Genesis tops 2019 JD Power Initial Quality Study, Land Rover most improved

Jun 20, 2019

Genesis has topped the 2019 JD Power Initial Quality Study for a second year running, while the lower end is made up of some familiar faces. Interestingly, the top three were made up of Hyundai...

Holden, Mazda top Australian JD Power Sales Satisfaction survey, BMW leads premium

Jun 17, 2019

The results of the Australian 2018 JD Power Sales Satisfaction survey have been released, with Mazda and Holden tying for top position, and BMW taking the top ranking for luxury brands. Results were actually published...

Jaguar Land Rover & BMW teaming up to co-develop electric drive units

Jun 05, 2019

Jaguar Land Rover and BMW have confirmed they are teaming up to co-develop next-generation electric drive units (EDU), as part of a joint investment in research and development of electric vehicles. Described as a “strategic...

Australian vehicle sales for May 2019 (VFACTS)

Jun 05, 2019

Australia vehicle VFACTS sales figures for May 2019 have been released, revealing some interesting trends as we make our way to the mid point of the year. Overall market sales are still slumping compared with...

FCA proposes merger with Groupe Renault

May 27, 2019

Fiat Chrysler Automobiles has confirmed it has put forward a non-binding letter to the Board of Groupe Renault, proposing a 50-50 merger. It follows reports from the last few months that suggested the two were...

Ford cutting 7000 jobs globally, works towards increased profit margins

May 21, 2019

Ford is cutting 7000 jobs around the world as part of a “smart redesign” of the company, with positions to be cut in South America, China, Europe and the US by the end of August....

Toyota tops 2019 Trusted Brands Survey, ahead Mazda and BMW

May 08, 2019

Toyota has been ranked as the most trusted car brand in Australia, according to the results of the 20th Trusted Brand Survey published by Reader’s Digest. The carmaker edged out ahead of Mazda and BMW,...

Australian vehicle sales for April 2019 (VFACTS)

May 03, 2019

The Australia vehicle sales figures for April 2019 have been handed out as the national VFACTS data. On first impressions, it looks like overall industry sales are taking a big hit, with total figures across...

Volvo sales up 9.4% for first quarter, operating profit drops 19.3%

Apr 26, 2019

Volvo Cars has posted yet another quarterly sales jump, with global units increasing 9.4 per cent in the first quarter of 2019. Net revenue is also up 10.7 per cent compared with the same period...

2019 World Car of the Year awards announced: Jaguar I-PACE wins

Apr 18, 2019

Following a long marking process, the Jaguar I-PACE has been given the overall 2019 World Car of the Year award. The stunning new electric crossover fended off some very tough competitors for the award this...

Australian vehicle sales for March 2019 (VFACTS)

Apr 03, 2019

The Australia vehicle sales figures for March 2019 have been released, in the form of national VFACTS data, and it looks like small hatchbacks could be making a comeback. Overall industry sales continue to decline...