Outspoken sweater-brandishing head of Fiat Chrysler Automobiles Sergio Marchionne has defied the tide of almost universal praise and applause directed at the Tesla Model 3, questioning its profitability. Tesla has set records for the most amount of orders in the shortest amount of time, with orders now approaching 400,000 since […]
Industry
Mercedes-Benz takes global luxury sales lead during Q1, ahead BMW & Audi
Mercedes-Benz has zoomed ahead in the global luxury vehicle sales race, reporting the biggest jump in sales compared with BMW and Audi for the first quarter. This places the brand in the lead. Mercedes sold 483,487 vehicles in the first three months of this year, up an impressive 13 per […]
Aston Martin signs deal with LeEco, RapidE EV confirmed for 2018
Just after announcing news of a new era for Aston Martin, the company has now confirmed it has signed a deal with LeEco that will see out the production of the RapidE electric vehicle. The two firms have been working on electric vehicle technologies for some time, and co-developed the […]
Australian Government to allow near-new personal imports after 2018
In a move that could potentially change Australia’s motoring landscape, the government has green-lit a parallel/grey import proposal for 2018, changing the Motor Vehicle Standards Act of 1989. This has drawn the ire of the Federal Chamber of Automotive Industries (FCAI), as well the head honchos of local luxury car […]
Peugeot-Citroen & Toyota continue partnership for future MPV
Peugeot-Citroen and Toyota have confirmed they will continue their partnership which will see the two share a common mid-size light commercial van and MPV platform. Peugeot-Citroen (PSA) says the new van is currently under consideration for Australia, while Europe will receive MPV versions for private use as well as light […]
Ferrari posts record sales in 2015; still capping production, no SUV coming
Ferrari has reported its yearly global sales figures for 2015, with sales up 6 per cent compared with 2014. Popularity of V8 models increased, while demand for V12 models dropped. The Italian company said in a statement that V8-powered vehicle sales jumped 17 per cent in 2015, with big demand […]
SUVs were best-selling vehicle type in Europe in 2015
The gauntlet has been thrown down by SUVs to the rest of the market. The popular vehicle type outperformed any other sector in Europe in 2015, according to statistics from JATO Dynamics. European new car registrations jumped by 9.3 per cent in 2015, riding on a wave of popularity in […]
Australian vehicle sales for January 2016 – Mustang sets pace
Who is buying a car straight after the Christmas and New Year period? We’re not sure, but we can tell you what types of cars they are buying thanks to the release of the Australian VFACTS figures for new vehicle registrations in January. Before we get to the best-selling vehicles, […]