Australia’s Labor government is expected to announce details of its electric vehicle and fuel efficiency policy at some point this week, according to reports. A report from the Guardian says that climate change and energy minister, Chris Bowen, will introduce the Australian-first policy that lays out a road map toward […]
Industry
ICE lifespan extended beyond 2035 in Europe following win on e-fuel legislation
Manufacturers of internal combustion engines are popping the champagne after regulators in Europe have effectively extended the lifespan of ICE units to beyond 2035, with the help of an E-fuel caveat. Europe had placed a ban on the sale of pure internal combustion engine vehicles by 2035 as the EU […]
Urus SUV helps Lamborghini smash 5 records in 2022 financial year results
Lamborghini has given us a look at its financial results for FY2022, with no less than five records broken including more than $2 billion in revenue and a milestone 9233 deliveries for the financial year. Lamborghini had a blistering year of sales during the 2022 financial year, led by its […]
Australian vehicles sales for February 2023: VFACTS
We’re into the second month of the year but we can already see some interesting trends occurring in the new-car market thanks to the release of the 2023 February VFACTS new vehicle registration figures. During February, 86,878 new vehicles were registered, which is up 1.8 per cent compared with last […]
Lexus & Kia top 2023 JD Power Vehicle Dependability Study, Land Rover last
Lexus has taken out the top spot in JD Power’s 2023 Vehicle Dependability Study, with Kia taking out the mass market segment for the third year running, and Land Rover recording a last place finish. The results, compiled in the format of problems per 100 vehicles, puts Lexus in first […]
Australian vehicle sales for January 2023: VFACTS
It’s the start of a new year but new vehicle registrations certainly haven’t slowed down. Sales figures in the form of VFACTS have been released this week covering January 2023, revealing an 11.9 per cent rise compared with January last year. During January, 84,873 new vehicles were registered in Australia […]
Ferrari posts record global sales in 2022, up 19%
Ferrari has published its global financial and production results for 2022, with 19 per cent increases reported for Maranello’s delivery and net revenue figures. It was a record year for the Italian marque. For the year of 2022, Ferrari delivered 13,221 vehicles, marking a 19 per cent increase over the […]
Honda global production down 6.4% in 2022, 4th consecutive drop
Honda has released its global production results for the calendar year ending 2022, with the company recording its fourth consecutive drop in year-on-year production numbers. All up, between January and December, 2022, Honda produced 3,870,161 vehicles for global markets, which was 6.4 per cent less than the 4,136,018 vehicles it […]