UK-based fleet electrification specialist Zenobē has secured a A$400 million (NZ$488m) financing facility aimed at accelerating the rollout of zero-emission heavy vehicle fleets across Australia and New Zealand. The debt facility, backed by a syndicate of international banks, is believed to be the first integrated multi-site heavy vehicle fleet electrification financing platform established in Australia and […]
The post Zenobē secures $400m to accelerate fleet electrificati
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Zenobē secures $400m to accelerate fleet electrification across Australia and NZ
via autotalk.co.nz
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Former car dealer sentenced over $11m illegal online lottery
via autotalk.co.nz
A Christchurch man who operated what authorities describe as New Zealand's largest illegal online lottery has been sentenced to six months' community detention and 250 hours of community work.
The post Former car dealer sentenced over $11m illegal online lottery appeared first on Autotalk.
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Kiwi automotive AI company Partly relocates headquarters to Texas after $88m raise
via autotalk.co.nz
New Zealand-founded automotive AI company Partly is relocating its headquarters to Austin, Texas, after securing a US$50 million (NZ$88m) Series B funding round led by DST Global Partners.
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Eagers’ Karmo investment set to expand easyauto123 vehicle pipeline
via autotalk.co.nz
Eagers Automotive’s proposed investment in Australian vehicle subscription provider Karmo is expected to strengthen vehicle sourcing and remarketing opportunities for easyauto123 as the group expands its presence across the broader mobility sector. The ASX-listed automotive retailer recently announced plans to acquire a 17.5% minority stake in Karmo, Australia’s largest vehicle subscription business, with the transaction […]
The post Eagers’ Karmo investment set to expan
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Ford New Zealand extends roadside cover and launches pre-paid service plans
via autotalk.co.nz
Ford New Zealand has launched a new customer care package that extends standard Roadside Assistance coverage from three to five years for all new vehicles purchased from 1 June 2026. The changes form part of the company’s broader ‘Servitization’ strategy, which aims to integrate maintenance, warranty, and vehicle personalisation into a single ownership experience. Alongside […]
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LDV New Zealand signs major partnership with Northland Rugby
via autotalk.co.nz
LDV New Zealand has announced a major commercial partnership with Northland Rugby Union, with the brand set to feature on the front of both the Northland Taniwha and Northland Kauri jerseys from the 2026 season. The agreement, described by Northland Rugby as one of the most significant in the union’s history, builds on an existing […]
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Vehicle dealers urged to watch for money laundering red flags
via autotalk.co.nz
The Department of Internal Affairs (DIA) has released new guidance for high-value dealers — including those selling vehicles — on how to identify and report suspicious activity linked to money laundering and terrorism financing. The Suspicious Activity Reporting Guidance for High-Value Dealers outlines when and how businesses should file reports, common indicators of suspicious activity, […]
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Dealer recounts ‘horrendous’ SH1 crash
via autotalk.co.nz
Prominent Palmerston North car dealer and speedway promoter Bruce Robertson has described a fatal crash on State Highway 1 near Hunterville as “horrendous” after surviving the collision over the weekend.
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Xpeng backs right-to-repair scheme
via autotalk.co.nz
Xpeng Australia has reaffirmed its support for right-to-repair legislation, confirming it is working with the Australian Automotive Service and Repair Authority (AASRA) to support the Motor Vehicle Service and Repair Information Sharing Scheme (MVIS). The scheme, which came into effect in 2022, requires vehicle manufacturers to provide independent repairers with access to eligible service and […]
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JLR expands hybrid plans and targets North American growth
via autotalk.co.nz
Jaguar Land Rover (JLR) has outlined plans to drive double-digit revenue growth by expanding propulsion choices across its vehicle range and increasing its focus on the North American market.
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MG reveals MGS6 EV pricing ahead of NZ launch
via autotalk.co.nz
MG has published pricing and specifications for its new MGS6 EV ahead of its arrival in New Zealand showrooms. The electric SUV will be offered in two variants, starting from $56,990 plus on-road costs for the Essence RWD and $63,990 plus on-road costs for the Essence AWD. Both models use a 77kWh battery pack and […]
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GWM’s Ora 5 arrives in New Zealand
via autotalk.co.nz
GWM’s new Ora 5 electric SUV has arrived in New Zealand, with the first shipment landing ahead of deliveries to dealer showrooms around the country. Priced from $36,990, the Ora 5 becomes New Zealand’s most affordable electric SUV and is available in two variants – the Lux from $36,990 and the Ultra from $39,990. The […]
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Tesla Cybercabs spotted in New Zealand ahead of winter testing
via autotalk.co.nz
At least two Tesla Cybercabs have been spotted on a car transporter in New Zealand, with the autonomous electric vehicles (EVs) believed to be heading to the Southern Hemisphere Proving Grounds for cold weather testing.
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Z moves EV charging beyond the forecourt
via autotalk.co.nz
Z Energy has opened its first destination public EV charging site, marking the fuel retailer’s first move into charging away from its service stations. The site, at WestCity Shopping Centre in Waitākere, Auckland, features 120kW Kempower chargers across six bays, offering one CHAdeMO and five CCS connectors. Z CEO Lindis Jones says the site is […]
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Hyundai completes Australia’s first standards-compliant V2G discharge
via autotalk.co.nz
Hyundai Motor Company Australia has completed what it says is Australia’s first Vehicle-to-Grid (V2G) discharge using the latest international standard (ISO 15118-20). The demonstration paired a Hyundai Ioniq 9 with a StarCharge Halo 7.4kW bidirectional DC charger. ISO 15118-20 is the latest international standard governing bidirectional energy transfer between electric vehicles and charging equipment, providing […]
The post Hyundai completes Australia’s first standards-compli
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2 Cheap Cars reports strong start to FY27
via autotalk.co.nz
2 Cheap Cars says the improved trading conditions that emerged in the second half of FY26 have continued into the early months of the new financial year, with the company posting approximately $600k in net profit after tax (NPAT) in each of March, April and May. In a trading update, the NZX-listed used vehicle retailer […]
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Trade Me appoints Lisa Stewart to lead Motors division
via autotalk.co.nz
Trade Me has appointed Lisa Stewart as its new Head of Motors, with the role taking effect this month. Stewart joins the Motors team from within Trade Me, where she spent the past seven years leading the company’s Marketplace division. Prior to Trade Me, she held roles at eBay and strategic consultancy firms in London. […]
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GDP grows 0.8% in March quarter
via autotalk.co.nz
New Zealand’s economy grew 0.8% in the March 2026 quarter, marking a third consecutive quarter of growth and building on a revised 0.5% increase in the December 2025 quarter. Stats NZ says nine of the economy’s 16 industries recorded increased activity during the quarter. Manufacturing was the largest contributor to growth, rising 1.9% during the […]
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Court approves $10.9m Hino settlement in New Zealand class action
via autotalk.co.nz
The High Court has approved a $10.9 million settlement in a class action against Hino Motors Limited (HML) relating to certain diesel trucks sold in New Zealand with a build date between 2010 and 2022. The settlement covers a range of Hino 300 Series, 500 Series and 700 Series models and follows claims alleging misleading […]
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Transport funding reform ‘has to happen’, Bishop says
via autotalk.co.nz
Transport Minister Chris Bishop says the Government is moving towards electronic road user charges as part of a major reform of New Zealand’s transport funding system. Speaking to Parliament’s Transport and Infrastructure Committee, Bishop said the National Land Transport Fund is becoming increasingly unsustainable as more electric vehicles and fuel-efficient vehicles enter the fleet. He […]
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BMW Financial Services names new ANZ boss
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
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
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
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
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
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
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
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
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
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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