Business & People
Appointments, results, deals and the people leading the industry.
Fiat Professional expands dealer network across New Zealand
Screenshot Fiat Professional has expanded its authorised dealer network across New Zealand, adding regional centres to its existing major city presence as the brand reintroduces the…
HARMAN acquires ZF’s ADAS business for €1.5b
HARMAN International has agreed to acquire ZF Group's Advanced Driver Assistance Systems (ADAS) business for €1.5 billion (NZ$2.6b) in a deal that positions the Samsung subsidiary…
Wellington-founded PartsTrader agrees to US acquisition
PartsTrader, the automotive parts marketplace founded in Wellington in 2004, has agreed to be acquired by US company Enlyte in a deal that will see the…
Ford names Fadi Mawal as Australia and New Zealand CEO
Ford has appointed Fadi Mawal as President and CEO of Australia and New Zealand, effective January 1 2026, following a 31-year career with the company that…
Freightways to acquire Australian express freight operator VT Freight Express
Freightways Group has announced it will acquire the business and assets of Victorian-based VT Freight Express (VTFE), expanding its Australian presence in the express freight market…
Heavy traffic remains flat in November –– Truckometer
The ANZ Truckometer shows the heavy traffic index eased 0.1% in November and is up 0.9% year-on-year, while the light traffic index was down 0.2% for…
Economy shows early signs of recovery – ASB
New Zealand’s economy is beginning to turn a corner, with spending lifting and interest-rate cuts starting to flow through household budgets, according to ASB’s latest Economic…
Fonterra lifts Q1 profit to $278m
Fonterra has reported a solid start to the 2026 financial year, posting a total group profit after tax of $278 million for the first quarter. The…
Mondiale VGL appoints new group CEO
Mondiale VGL has appointed experienced global logistics executive Matthew Warrington as its new group chief executive, with his tenure to begin in January 2026. Warrington’s appointment…
Fleet safety champions recognised at Auckland awards ceremony
Safety-focused organisations from across New Zealand and Australia have been recognised at the 11th annual Australasian Fleet Champions Awards for their work to reduce road deaths…