New records for full year profitability: Net Income $150 million; Adjusted EBITDA $339 million Total Gross Profit per Unit reached new full year record $5,511 GAAP and $5,984 non-GAAP and set quarterly records
Read More
Australia is sitting on a stockpile of lithium reserves, which Hyundai says should mean a burgeoning local battery industry, enabled by a plethora of car manufacturing plants popping up throughout South East Asia.
Read More
KPA Survey conducted by The Harris Poll on behalf of KPA comes on the heels of CARS Rule announcement from FTC WESTMINSTER, Colo., Feb. 22, 2024 (GLOBE NEWSWIRE) — KPA, a leading provider
Read More
STUTTGART — Mercedes-Benz on Thursday toned down expectations on EV demand and said it will update its combustion engine lineup well into next decade, becoming the latest carmaker to flag a slower than
Read More
carsales has announced its best used cars for 2024, and the best luxury car is… The Porsche Panamera Turbo S E-Hybrid Sport Turismo from 2018 has been handed the baton to win the
Read More
Car giant Tesla has launched legal action accusing an Australian man of causing the company damage by sharing leaked internal documents online. Despite setting records in 2023, EV sales still failed to meet
Read More
Subaru Australia has slashed $8000 from the starting price of its upcoming Solterra electric SUV ahead of its pending release this month, with the price adjustment applying to all existing and future orders.
Read More
The €23,000 ($AU38,000) Dacia Spring electric car has been treated to an updated look, more interior technology and new safety features. But it is unclear if it will come to Australia. Electric Cars
Read More
A class action lawsuit has been filed against Toyota’s Australian financial division in a Victorian court, alleging the company “ripped off” more than 100,000 customers by charging higher interest rates. The class action,
Read More
Subaru has taken the knife to the price of its Tesla Model Y rival, and it is now $6700 to $8000 cheaper – slotting between a Tesla Model Y RWD and Long Range.
Read More