NZ Market
GMSV expects big American pick-up market to grow in NZ
Although 2021 was a radical year of challenge for the motoring industry, General Motors Specialty Vehicles’ (GMSV) local arm managed to deliver strong results. And it…
Toyota plant shutdown set to end
Toyota Motor Corporation factories in Japan's northern island of Hokkaido are looking to resume factory production following last week’s earthquake. The 6.7 magnitude earthquake has seen…
Transport funding ‘missed opportunity, RTF says
The Road Transport Forum is labelling the Government’s latest National Land Transport Programme a “missed opportunity”. RTF chief executive Ken Shirley says the three-year $16.9 billion…
Lyttelton Port sees record container volumes
Lyttelton Port has posted a net profit after tax of $12 million for its annual result. It saw record container volumes and strong export and import…
Commercial vehicle imports up slightly
Commercial vehicle imports are up slightly in July, NZ Customs motor vehicle statistics show. The total number of truck and van imports for the month was…
Triton R Concept delivers street-smarts
The Triton R Concept is bringing street appeal to the Fieldays. Mitsubishi Motors New Zealand (MMNZ) is unveiling the new look ute which is design for…
TIL Logistics reports first-half loss
New Zealand freight company TIL Logistics is posting a $15.7 million loss in its first financial report. The business joined the NZ stock market last year…
Ford Ranger Raptor jumps into existence
Ford's F150 Raptor is known for its jumping ability, and its new, smaller Ranger equivalent did just that at its reveal in Thailand last night. The…
Fonterra raises ‘concern’ over Chinese partner’s financial loss
Fonterra is raising questions as its major Chinese investment partner forecasts a multi-million dollar loss. The New Zealand diary giant released a statement on Monday saying…
Trump’s tax changes to help Kiwi companies?
A revamp of the American tax system by president Donald Trump could benefit Kiwi companies like Mainfreight that do business in the United States. The nine-page…