Automotive news

• Electric car depreciation is accelerating, according to new data

  09-02-2026 06:52
  While last year’s retained value figure is lower than 2024’s number, EVs are still holding their value more than utes and SUVs.Buyers of electric vehicles (EVs) in 2025 have seen higher levels of depreciation after 12 months of ownership compared to prior years as competition heats up in the new- and used-car space.This is in accordance with data from the Australian Automotive Dealer Association (AADA), as presented in its Automotive Insights Report (AIR) for 2025.The data shows that
  
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• BMW Financial Services names new ANZ boss

  17-06-2026 00:59 via autotalk.co.nz
  
  BMW Group Australia has appointed Mario Lourenco as chief executive of BMW Group Financial Services Australia and New Zealand, effective 1 August 2026. Lourenco brings more than 25 years in the finance sector, with a track record across digitalisation, business transformation and leadership in international markets. He began his career with BMW Group Financial Services […]
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• Petrol and diesel prices fall in May

  17-06-2026 00:31 via autotalk.co.nz
  
  Petrol and diesel prices both fell in May, reversing increases recorded over the previous two months, according to Stats NZ. Petrol prices declined 3.8% in May compared with April, while diesel prices dropped 11.4%. “The decreases in May 2026 follow rises for both petrol and diesel in March and April 2026,” Stats NZ prices and […]
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• ComCom expects fuel price falls to reach consumers

  17-06-2026 00:28 via autotalk.co.nz
  
  The Commerce Commission says it expects recent declines in global fuel costs to be reflected in lower prices at the pump and reduced fuel surcharges for consumers and businesses. Commissioner Bryan Chapple says fuel companies responded to higher wholesale costs during the recent Middle East conflict and should do the same as costs ease. “It’s […]
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• Toyota marks 60 years in New Zealand

  16-06-2026 23:33 via autotalk.co.nz
  
  Toyota New Zealand is marking 60 years in the country in 2026, looking back on six decades supplying the people, industries and communities that helped shape modern New Zealand. With one in four vehicles on New Zealand roads a Toyota, the brand has been part of everyday life on rural backroads, city streets, worksites and […]
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• AutoPlay appoints Nockels as CEO ahead of Australian push

  16-06-2026 23:29 via autotalk.co.nz
  
  Automotive dealership software provider AutoPlay has appointed Jason Nockels as chief executive, with the New Zealand market leader eyeing expansion across the Tasman. Nockels started in the role on 2 June, taking charge of AutoPlay’s New Zealand operations and its move into Australia. The Auckland-based business has provided sales and lead management software to the […]
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• Vehicle spending rises, fuel purchases ease in May

  16-06-2026 06:20 via autotalk.co.nz
  
  Spending on motor vehicles increased in May while fuel purchases declined, according to the latest electronic card transaction data from Stats NZ. Seasonally adjusted spending on motor vehicles, excluding fuel, rose 1.6%, or $3 million, in May compared with April, reaching $193m. The increase follows a 4% decline in April and leaves vehicle-related spending broadly […]
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• Ford NZ profit surge offset by tax hit

  16-06-2026 05:49 via autotalk.co.nz
  
  Ford Motor Company of New Zealand reported a strong increase in profit before tax in 2025, but a significant tax charge linked to the resolution of a dispute between Inland Revenue and the United States Internal Revenue Service pushed the company to a net loss. The company recorded profit before tax of $20.5 million for […]
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• Father and son admit roles in stolen vehicle dismantling operation

  16-06-2026 00:46 via autotalk.co.nz
  
  A father and son who operated vehicle dismantling businesses in Christchurch and Wellington have admitted their roles in a large-scale stolen vehicle operation involving more than 100 vehicles. Abdul Karim Alizadah, also known as Ahmadi, was sentenced to three years and three months’ imprisonment in November after pleading guilty to multiple charges of receiving stolen […]
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• BYD NZ warns of delivery delays amid EV demand

  16-06-2026 00:16 via autotalk.co.nz
  
  BYD Auto New Zealand says strong demand for its vehicles is creating delivery delays, with some customers facing waits of up to four weeks longer than originally expected. General manager Warren Willmot says more than 2000 BYD vehicles are currently built and ready for shipment in China but are awaiting space on vessels bound for […]
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• NBR Rich List wealth climbs to $129b as billionaire ranks grow

  15-06-2026 03:32 via autotalk.co.nz
  
  The collective wealth of New Zealand’s richest individuals and families has climbed to $129 billion, according to the 2026 NBR Rich List, marking a 23-fold increase since the publication’s first ranking 40 years ago. The 40th edition of the list profiles 150 individuals and families across sectors including technology, property, agribusiness, investment and manufacturing. Total […]
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• Government fails vehicle safety test from MTA

  14-06-2026 23:47 via autotalk.co.nz
  
  The Motor Trade Association has given the Government a fail grade for vehicle safety in its latest six-monthly “Warrant of Fitness” inspection, citing concerns over controversial WoF reforms. The fail mark is one of two negative assessments for the Government, though it received passes in crime, fuel, immigration and education for an overall pass grade. […]
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• Fieldays closes with record-breaking 132,000 attendance

  14-06-2026 23:39 via autotalk.co.nz
  
  More than 132,000 visitors attended the 58th Fieldays over four days, marking the first time in five years that gate numbers have surpassed 130,000 and approaching record-breaking attendance for the agricultural event. Attendance was up 20% on last year, with Wednesday recording the largest opening day attendance in the event’s recent history. Exhibitor sites were […]
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• NordEast expands dealer network as Geely sales surge

  12-06-2026 03:05 via autotalk.co.nz
  
  NordEast Vehicle Distributors has expanded its nationwide retail network with new dealerships in Palmerston North and Nelson as demand for the Geely, Zeekr and Farizon electric vehicle brands continues to grow. A new Robertson Motor Group dealership opened in Palmerston North on June 2 representing Geely, Zeekr and Farizon, while Christchurch-based Cockram Motor Limited will […]
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• easyauto123 expands into South Island with Christchurch dealership

  11-06-2026 05:23 via autotalk.co.nz
  
  Used vehicle retailer easyauto123 has opened a new dealership in Christchurch, marking its first entry into New Zealand’s South Island automotive market. The Christchurch site is the company’s fourth store in New Zealand and 18th across Australasia, with the retailer describing the opening as part of its “selective footprint expansion strategy”. The new “Big Box” […]
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• Kia PV5 Cargo and VW Transporter earn top ANCAP van safety grades

  11-06-2026 02:13 via autotalk.co.nz
  
  The new Kia PV5 Cargo and Volkswagen Transporter have achieved Platinum safety gradings in the latest ANCAP Commercial Van Safety Comparison, which assesses the performance of advanced driver assistance systems (ADAS) fitted to commercial vans. Making its Australian market debut this week, the fully electric Kia PV5 Cargo achieved an overall score of 91%, securing […]
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• Motor industry out in force at Fieldays 2026

  11-06-2026 01:04 via autotalk.co.nz
  
  The motor industry is among major sectors represented at Fieldays 2026 which officially opened at Mystery Creek on Wednesday with thousands of visitors heading along for the start of the four-day event. Vehicle and equipment manufacturers, distributors and dealers including major agricultural machinery suppliers, ute brands and commercial vehicle companies are exhibiting alongside technology, energy […]
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• Dealer ordered to pay over $12k after ‘casual’ salesman fired by text

  10-06-2026 02:31 via autotalk.co.nz
  
  An Auckland car dealer has been ordered to pay more than $12,000 to a salesman it dismissed by text message after just six days on the job, with the Employment Relations Authority finding the “casual” label on his employment agreement did not reflect the reality of the relationship. Eurocars Limited, which trades as Oceanic Cars […]
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• Dealer ordered to pay $12,345 after ‘casual’ salesman fired by text

  10-06-2026 02:31 via autotalk.co.nz
  
  An Auckland car dealer has been ordered to pay more than $12,000 to a salesman it dismissed by text message after just six days on the job, with the Employment Relations Authority finding the “casual” label on his employment agreement did not reflect the reality of the relationship. Eurocars Limited, which trades as Oceanic Cars […]
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• Auto Trader NZ launches auctions with charity BYD Shark 6

  09-06-2026 23:47 via autotalk.co.nz
  
  Auto Trader NZ has launched vehicle auctions on its platform, beginning with a charity auction of a specially-equipped BYD Shark 6 that will benefit St John. The auction runs from 10 June to 21 June and features a BYD Shark 6 with nearly $40,000 in upgrades and accessories. All proceeds from the sale will go […]
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• JAC prices T9 PHEV ute from $59,990

  09-06-2026 22:56 via autotalk.co.nz
  
  JAC New Zealand is unveiling its T9 plug-in hybrid ute at Fieldays, announcing a launch price of $59,990 plus on-road costs and positioning the newcomer as the most affordable entrant in the growing PHEV ute segment. The T9 PHEV combines electrified performance with traditional ute capability, delivering 360kW of power, a claimed combined driving range […]
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• Fieldays set to open with good weather and full line-up

  09-06-2026 04:30 via autotalk.co.nz
  
  Fieldays organisers are expecting strong attendance as the annual agricultural event gets under way at Mystery Creek tomorrow, with accommodation across the Waikato region largely booked out and favourable weather forecast for the four-day event. More than 1,115 exhibitors will showcase products and services across 1,335 sites, with visitors set to explore the latest developments […]
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• Nominations open for MITO Industry Awards

  09-06-2026 02:07 via autotalk.co.nz
  
  MITO is calling for nominations for its 2026 Industry Awards, which recognise individuals, businesses and organisations contributing to the automotive, commercial road transport, extractives, drilling, gas and logistics sectors. The awards will be presented at the MITO Industry Summit and Awards in Wellington on September 1. Eight categories are open for nominations, including Training Business […]
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• Toyota tops reputation rankings for third consecutive year

  09-06-2026 00:43 via autotalk.co.nz
  
  Toyota New Zealand has secured the top position in the Kantar Corporate Reputation Index for the third consecutive year, as New Zealanders increasingly favour brands they perceive as dependable and trustworthy during a period of economic and social uncertainty. The automotive manufacturer scored 112 in the RepZ index, ahead of PAK’nSAVE (108), which retained second […]
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• 2 Cheap Cars awards $10,000 in customer giveaway

  09-06-2026 00:38 via autotalk.co.nz
  
  2 Cheap Cars has announced the winners of its April customer promotion, which saw 10 vehicle buyers each receive a $1,000 Motor Trade Association (MTA) gift voucher. The promotion ran throughout April, with every customer who purchased a vehicle from one of the company’s 10 dealerships automatically entered into the draw. Winners spread across dealerships […]
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• Pentagon adds BYD and Nio to military blacklist

  08-06-2026 23:48 via autotalk.co.nz
  
  The US Department of Defense has added Chinese electric vehicle manufacturers BYD and Nio to its list of companies allegedly supporting the Chinese military, alongside tech giants Alibaba and Baidu. The expanded blacklist, known as 1260H, now includes 188 companies and was established under the National Defense Authorization Act 2021. According to Techcrunch.com reports, the […]
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• Toyota marks 50 years of Hilux at Fieldays

  08-06-2026 00:39 via autotalk.co.nz
  
  Toyota New Zealand will celebrate 50 years of the Hilux at Fieldays this week, showcasing its latest commercial vehicles, SUVs and electrified models at Mystery Creek. The company will exhibit at Site 40 on I Road from June 10-13, with the Hilux taking centre stage as Toyota marks five decades of the ute in New […]
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• New diesel reserve storage completed at Marsden Point

  07-06-2026 23:50 via autotalk.co.nz
  
  An additional 93 million litres of diesel storage capacity has been brought into service at Marsden Point, providing New Zealand with a further nine days of diesel demand coverage. The project is part of an agreement between the Government and NZX-listed fuel import operator Channel Infrastructure, with up to $21.6 million in funding from the […]
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• VIA backs battery guideline but warns against OEM channel control

  07-06-2026 23:38 via autotalk.co.nz
  
  The Imported Motor Vehicle Industry Association (VIA) has backed the development of harmonised Australia-New Zealand guidance for the safe management of end-of-life lithium-ion batteries, while warning the framework must not become a mechanism for manufacturer control over independently imported vehicles. VIA’s submission follows the Motor Industry Association’s earlier backing of the same work, which is […]
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• Ford showcases updated Ranger and Everest at Fieldays 2026

  07-06-2026 23:31 via autotalk.co.nz
  
  Ford New Zealand returns to Fieldays 2026 this week with its updated 2026.5 Ranger and Everest lineup, hosting a special guest from Ford Australia to highlight the importance of the New Zealand market to the company’s global operations. The automotive manufacturer will occupy Stand I34 in the Automotive Precinct at Mystery Creek Events Centre from […]
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