We all know how difficult it can be getting your hands on a new car at the moment, with most carmakers dealing with some level of delivery delay due to the ongoing semiconductor shortage. However, we thought we’d take a look and see what new vehicles are in stock and […]
Industry
Australian vehicle sales for October 2022: VFACTS
Can you believe we’re almost at the end of the year? Australian new vehicle registration figures for October 2022 have been released, in the form of VFACTS, giving us some idea as to what cars will be the best-sellers of the year. The charts show 87,299 vehicles were newly-registered in […]
Porsche market cap overtakes VW, becomes Europe’s most valuable carmaker
Porsche has overtaken its parent company, Volkswagen, to become Europe’s most valuable carmaker by market cap over the past week as Porsche’s stock hit the trading floor running shortly after its debut. Porsche’s initial public offering (IPO) took place at the end of September on the Frankfurt Stock Exchange at […]
Australian vehicle sales for September 2022: VFACTS
The FCAI has released its monthly VFACTS report covering new vehicle registration figures in Australia, with September showing a mild decrease on August figures but a decent increase compared with September last year. According to the charts, which cover new vehicle registrations (not technically sales, but we’ll call them sales), […]
Australian vehicle sales for August 2022: VFACTS
Australian new vehicle registration figures for August, 2022, have been handed out in the form of the VFACTS report, and it looks like things are on the mend with total figures for the month being the best since 2017. Yep, August 2022 was the best month of August since 2017. […]
Honda & LG Energy to build $4.4b battery plant in USA
In major news from Honda, the company has announced plans to build a massive battery production facility based in the USA with Korean electronics giant, LG Energy Solution, as part of a $4.4-billion investment. Honda and LG Energy made the announcement earlier this week, and if all goes to plan, […]
Toyota global sales drop 6.3% in Q1 FY2023, revenue up 7%
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 […]
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 […]