New Zealand is experiencing a significant surplus of electric vehicle (EV) stock as demand continues to decline, posing challenges for car importers. In a report from RNZ, Motor Industry Association…
Vietnam’s new car market faced a downturn in August 2024, with sales falling by 13 per cent compared to the previous month. Members of the Vietnam Automobile Manufacturers’ Association (VAMA)…
New Zealand’s new car market showed a modest recovery in August 2024, with 9,990 vehicles registered. This is a 2.1 per cent rise compared to the same month last year.…
Australia recorded 98,328 new vehicle sales in August 2024, marking the second-best August on record, according to the Federal Chamber of Automotive Industries (FCAI). While this represents a 10.6 per…
Thailand’s automobile industry faced a significant downturn in July 2024, with production dropping by 16.62 per cent to 124,829 units. This decline marks the 12th consecutive month of reduced output…
Used car sales have surged despite a reduction in listings, according to the latest Automotive Insight Report (AIR) from the Australian Automotive Dealer Association (AADA) and Autograb. The report shows…
The Malaysian new car market rebounded strongly in July 2024, with vehicle sales rising by 11 per cent compared to the same month last year, according to the Malaysian Automotive…
Australia’s new car market reached an all-time high in July, with 99,486 vehicles sold, according to the latest figures from the Federal Chamber of Automotive Industries (FCAI). This represents a…
New Zealand recorded 9,430 new vehicle registrations in July, marking a 21 per cent decline compared to 2023 and a 23 per cent drop from 2022. The Motor Industry Association…
The automotive industry is urging the government to extend fringe benefits tax (FBT) exemptions for plug-in hybrid vehicles (PHEVs) amid increased sales of these cars. The FBT exemption for PHEVs…