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THE trading update for one of Australia’s ‘big three’ listed automotive retailers reflects weaker trading conditions but has revealed a record outlook for used car sales and defined a strong market in smaller, more efficient vehicles.
In a statement to the Australian Securities Exchange (ASX), Peter Warren Automotive Holdings Ltd (PWR) said that it expects pr...
LEXUS Australia chief executive Jack Hobbs said the brand’s decades of experience in the sale and service of petrol-electric hybrid vehicles places it at a distinct advantage when compared with rivals new to electrified technologies.
Speaking with GoAutoNews Premium at the launch of the updated RZ range in Melbourne this week, Mr Hobbs said synergies b...
NEW Zealand’s biggest vehicle retail group Armstrong’s will distribute Jiangling Motors Corporation (JMC) commercial vehicles after signing a partnership in Nanchang, China this week.
The distribution, through Armstrong’s Auto Distribution Holdings Ltd (ADHL) business, covers JMC utes, buses and vans and makes NZ the 111th export market for JMC.
ADH al...
THE 2026 Australian Automotive Dealer Association Convention and Expo has released more details on the event taking place from July 29-30 at the International Convention Centre Sydney.
AADA 2026 will feature several major networking and industry events and the program includes a number of breakfast and lunchtime speakers, networking drinks and an industry din...
NEW Zealand used car listed company Turners has reported a 22 per cent jump in net profit to $NZ40.5 million ($A33.2m) and a 9 per cent jump in revenue to $NZ450 million ($A369m) in its 12-month financial year ending March 31.
The results are attributed in part to the opening of three new branches; a new brand campaign; strong commercial division; and a 27 pe...