Automotive news

• Armstrong’s revealed as likely buyer of Eagers’ NZ dealerships

  27-08-2026 05:59 via autotalk.co.nz
  
  Armstrong’s Motor Group is the buyer lined up for Eagers Automotive’s New Zealand new car dealership business, disclosure documents accompanying the Australian group’s half year results reveal. Eagers discloses “entry into a non-binding term sheet with Armstrong’s Motor Group for the divestment of our Franchised Automotive business in New Zealand, retaining the easyauto123 operations in […]
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• Labour pledges fuel excise freeze, setting up election fight over 22-cent rise

  27-08-2026 05:55 via autotalk.co.nz
  
  Labour will not increase fuel excise for the next three years if it wins November’s election, leader Chris Hipkins has pledged, turning the Government’s legislated 22-cent programme of pump tax rises into an election battleground. “Today I confirmed Labour will not increase fuel excise tax over the next three years,” Hipkins says. “When families are […]
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• Smart Band dropped in a ute tray wins $60,000 Fieldays prize

  27-08-2026 05:50 via autotalk.co.nz
  
  A Smart Band dropped into the tray of a display ute on the way out of Fieldays has won Bay of Plenty woman Pua Taikato a prize worth more than $60,000. Taikato takes home a JAC T9 Double Cab 4WD fitted with accessories, valued at more than $49,990, along with $10,000 of gear from hunting […]
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• Eagers to sell NZ new car dealerships, keep easyauto123

  27-08-2026 04:24 via autotalk.co.nz
  
  Eagers Automotive will sell its New Zealand franchised dealership business, putting some of Auckland’s most iconic dealerships under new ownership, with nine retail and service locations spanning seven brands and around A$325 million, about NZ$355 million, in annual turnover. Settlement is expected in the final quarter of 2026. The buyer has not been named. The […]
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• BYD NZ to launch certified pre-owned programme, import its own used vehicles from Japan

  27-08-2026 03:11 via autotalk.co.nz
  
  BYD New Zealand will launch a certified pre-owned programme, taking back the brand’s earliest New Zealand-new vehicles as they cycle off fleets, and backing them with a BYD New Zealand warranty. The distributor will also import its own used vehicles from Japan, making it the first Chinese brand in New Zealand to take either approach. […]
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• AutoTalk Live! Christchurch adds FMA add-on insurance panel

  27-08-2026 03:11 via autotalk.co.nz
  
  AutoTalk Live! has added a panel session on the Financial Markets Authority’s review of add-on insurance and extended warranties to its Christchurch programme, responding to the most significant regulatory development to hit dealer F&I this year. The 30-minute panel closes the half-day event at Rydges Latimer on Tuesday 15 September, bringing insurers and the dealer […]
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• Watch: Hyundai targets over five million sales with major product push

  27-08-2026 02:56 via autotalk.co.nz
  Hyundai Motor Company is targeting 5.55 million global vehicle sales by 2030 as it prepares to launch or refresh more than 100 models over the next four years. The Korean carmaker outlined the growth strategy at its 2026 CEO Investor Day, with electrified vehicles expected to account for 60% of sales by the end of […]
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• ‘No more boring cars’: Toyota NZ elevates GR to brand pillar with local launch

  27-08-2026 01:49 via autotalk.co.nz
  
  “We made boring cars.” That is how Toyota New Zealand chief strategic officer and GR Meister Andrew Davis describes the brand’s position 20 years ago. Few executives would volunteer the admission, but Toyota New Zealand is using it to frame the elevation of Gazoo Racing to a standalone pillar of its local brand structure. At […]
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• Heartland’s $620m TSB deal clears Toi Foundation hurdle

  27-08-2026 01:49 via autotalk.co.nz
  
  Heartland’s $620 million acquisition of TSB Bank has cleared its biggest hurdle, with Toi Foundation trustees voting in favour of the sale, setting up a merger that will fold one of the motor finance sector’s major lenders into a larger challenger bank. Under the transaction, Heartland Group acquires all TSB shares from the Taranaki community […]
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• Australian trial results strengthen case for rubber in NZ roads

  27-08-2026 01:49 via autotalk.co.nz
  
  New Australian trial results are strengthening the case for using recycled tyre rubber in New Zealand roads, with a 24-month assessment finding crumb rubber asphalt matches or beats conventional materials on whole-of-life carbon emissions. The findings, highlighted by tyre stewardship scheme Tyrewise, come from Sunshine Coast Council’s life cycle assessment of crumb rubber asphalt made […]
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• Port of Auckland posts record result as car volumes climb

  27-08-2026 00:07 via autotalk.co.nz
  
  Port of Auckland has reported a record underlying net profit after tax of $111.2 million for FY26, up 30% on the previous year as container, vehicle and roll-on roll-off volumes increased. Statutory net profit after tax rose 28% to $116.3m, including $5.1m of one-off gains and other items. Revenue increased to $403.8m from $393m in […]
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