The Colonial Motor Company expects consolidation among New Zealand vehicle brands as an influx of new entrants intensifies competition and puts dealership margins under pressure. The NZX-listed automotive group says more than a dozen Chinese automotive brands have entered the local market during the past two years, many with aggressive market share ambitions and expanding […]
The post Colonial warns crowded vehicle market is ‘unsustainable’ appeared first on Autotalk.
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Colonial warns crowded vehicle market is ‘unsustainable’
via autotalk.co.nz
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NPDGull appoints Stefan Geertsema as chief financial officer
via autotalk.co.nz
NPDGull has appointed Stefan Geertsema as chief financial officer as the newly formed fuel retailer expands its network and commercial operations.
The post NPDGull appoints Stefan Geertsema as chief financial officer appeared first on Autotalk. -
BYD passes 15,000 vehicles in NZ, two thirds of them battery electric
via autotalk.co.nz
BYD Auto NZ general manager Warren Willmot, left, with a Shark 6. File image. BYD has passed 15,000 vehicles on New Zealand roads four years after launching here, a total that splits 9,824 battery electric and 5,248 plug-in hybrid. The plug-in share is the number worth noting. The brand arrived in 2022 as an EV-only […]
The post BYD passes 15,000 vehicles in NZ, two thirds of them battery electric appeared first on Autotalk. -
ANCAP calls for stronger safety focus beyond passenger cars
via autotalk.co.nz
The Australasian New Car Assessment Program (ANCAP Safety) is calling for greater attention on commercial vehicles, trucks and motorcycles following the mid-term review of Australia’s National Road Safety Strategy.
The post ANCAP calls for stronger safety focus beyond passenger cars appeared first on Autotalk. -
Tower lifts catastrophe cover as reinsurance costs fall
via autotalk.co.nz
Tower has renewed its reinsurance programme for the 2027 financial year, increasing catastrophe cover while reducing its expected premium expense. The NZX and ASX-listed insurer has secured protection across its home, motor, boat and commercial portfolios in New Zealand and Pacific markets. Its catastrophe limit increases from $915 million in FY26 to $970m, including a […]
The post Tower lifts catastrophe cover as reinsurance costs fall appeared first on Autotalk.
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