Max Pichon
Element Financial takes over CustomFleet in AU, NZ
Element Financial has secured funding to take over vehicle leasing and fleet management firm CustomFleet in Australia and New Zealand. A syndicate of off-shore lenders, led…
First ever Kiwi wins Snap On apprentice of the year award
An esteemed panel of judges has awarded Kiwi auto mechanic Benjamin Fretwell, 20, of Dunedin the 2015 Snap-on Tools Australia Apprentice of the Year Award, taking…
Diesel cheat stretches to Audi, Porsche
Luxury brands Porsche and Audi have now been hauled deeper into the Volkswagen diesel emissions scandal, with officials citing new models with so-called ‘defeat devices.’ Some…
VW dealers offer heavy discounts
A large number of US Volkswagen dealers have moved to offer hefty discounts of US$6000-plus (AUD$ 8445) on new petrol models as the German automaker makes…
Berkshire Hathaway aims at Australia, NZ
Berkshire Hathaway Specialty Insurance Company (BHSI) has opened its newest office in Brisbane and begun underwriting transport, logistics and marine liability insurance in Australia and New…
Five star flood for SUVs
Seven vehicles have been award five-star ANCAP safety ratings today. Among them is Toyota’s new Fortuner, the Ford Everest SUV and Volvo’s new XC90. The Australasian…
AHG aims for Higer ground
AHG is in negotiations to acquire the distribution rights for Higer buses in Australia after the current distributor WMC was recently placed into voluntary administration. “AHG…
Macquarie secures Esanda for $8.2 billion
Macquarie Group has won the long running and highly competitive process to acquire the Esanda dealer finance portfolio from ANZ for $8.2 billion. ANZ’s New Zealand…
ANCAP chief steps down
The Australian New Car Assessment Program (ANCAP) chief executive officer (CEO), Nick Clarke, will step down at the end of September to pursue other interests. Clarke…
Renault unveils concept Alaskan Ute
Renault has now taken the wraps off its latest Alaskan concept Ute which marks the first step forward in its bid to win over customers in…