After much speculation and pure hope, Toyota and Subaru have officially confirmed they have agreed on a new business and capital alliance, which will include the development of a next-generation Toyota 86 and Subaru BRZ. The agreement will see the two companies co-develop a dedicated platform for future battery electric […]
Industry
Australian vehicle sales for July 2019 (VFACTS)
The year is going by as fast as ever, with the time of the month around again. Yep, the July 2019 VFACTS figures have been released today, revealing the popular new vehicles according to official new registrations. Overall industry sales are still down, but the year-to-date (YTD) change is looking […]
Porsche global sales up 2.0% for 2019 first half
Porsche has delivered 133,484 vehicles around the world in the first six months of 2019, which is up 2.0 per cent on the efforts achieved during the same period last year. Growth, primarily, was driven by the new Cayenne large SUV. The company’s sales revenue grew 9.0 per cent to […]
Top 10 best-selling SUVs in Australia during first half of 2019
It’s been a quick year, as ever, but now we can start to put together what vehicles are the most popular for 2019 thanks to the June VFACTS report. While sales for the industry are down an alarming 8.4 per cent compared with the first-half of 2018 (year-to-date), it’s the […]
BMW posts record global sales in 2019 first-half, up 1.6%
BMW has reported its best-ever global sales figures for June, and a record total for the brand for the first half of the year. BMW Group sales also rose by 0.8 per cent year-to-date. Demand for BMW’s X model SUVs helped lead the charge for brand sales. Deliveries of the […]
Kogan Cars launches as new online car buying service
Kogan.com has teamed up with Eclipx Group to offer a new online car buying service called Kogan Cars. The service aims to secure new cars at competitive prices for Kogan customers, tapping into Eclipx Group’s Australia-wide dealer network. Kogan Cars aims to not only give customers the opportunity to […]
Australian vehicle sales for June 2019 (VFACTS)
The Australian vehicle sales figures have been released in the form of the June 2019 VFACTS charts. Sales continue a downward trend as we cross the mid point of the year, with total sales down 8.4 per cent year-to-date (YTD). Starting with the most popular brands, it’s no surprise Toyota […]
Toyota Australia reports $206 million profit for FY19
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 the first full-year Toyota traded as a sales and distribution company following the end of […]