Industry News: Honda reanimates Civic in line with lessons learned

Civic 34

Honda New Zealand has some grand plans for its new Civic sedan, including enticing customers away from hatches and SUVs, by offering a four-model lineup priced from $29,900.

The new Gen-10 Civic sedan’s four grades span the entry-level 1.8-litre S priced from $29,900, the more upscale 1.5-litre Civic Turbo from $35,500, the sports-orientated Civic RS Turbo from $39,900, and the luxury-focused Civic NT Turbo from $42,900.

The distributor deems the target of 600 sales by March next year weak as it has already received 55 preorders, including some from owners of the larger Accord Euro sedan and the Civic Euro hatchback. Continue reading “Honda reanimates Civic in line with lessons learned” »

Honda New Zealand has some grand plans for its new Civic sedan, includ ...

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Industry News: Petrol upstages diesel with CX-9

CX9-here

Mazda New Zealand is confident that a petrol-only CX-9 SUV, in a sector known for its orientation toward diesel will not backfire, as many people don’t like diesel and it has diesel’s performance without the extra add-ons.

The vehicle featured at Auckland’s Food Show where Mazda New Zealand’s general manager for vehicle sales and marketing Glenn Harris explained that the CX-9 sets a precedent in the segment as petrol-only accompanied by a 2.5-litre ‘Skyactive-G’ turbocharged engine producing 170kW of power and 420Nm of torque teamed to six-speed automatic transmission with front and all-wheel drive options.

“The CX-9 uses 8.8-litres per 100km on a ‘real world’ combined cycle compared to 7.7-litres per 100km for what is likely to be its key competitor, the Hyundai Santa Fe, and a tough to achieve 11-litres per 100km on the outgoing CX-9.” Continue reading “Petrol upstages diesel with CX-9” »

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Industry News: The automotive rich list

Graeme Hart

Graeme Hart

The National Business Review has published its rich list index for 2016. The index reveals who’s who of individuals and families whose fortunes are tied to the automotive industry through distribution, retail, rental, or aftermarket activity.

New Zealand’s richest man is once again Graeme Hart, even though his fortune has diminished to $7 billion from last year’s $9 billion as a result of a hit it endured this year amid concern over some of his debt-heavy businesses.

Most recently Hart’s US car parts maker UCI International filed for bankruptcy protection and is working on restructuring debt with bondholders, including funds managed by Blackrock, JP Morgan and Credit Suisse. It is unable to deleverage and its main debt stands at US$400 million ($590 million) of 8.625% notes due for repayment in 2019 plus accrued interest. Autoparts Holdings, bought by private investment vehicle Rank Group in 2011, also needs to refinance in the near future. Continue reading “The automotive rich list” »

Graeme Hart The National Business Review has published its rich lis ...

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Industry News: Japan rolls out driverless vehicle for grocery delivery

driverless cars Japan

Japan is set to be the first country to use self-driving cars for the delivery of goods purchased online.

The ‘on-demand service delivery’ from a second-party source, a joint effort between delivery company Yamato Transport and information technology company DeNA, will be tested on the road as early as March next year for the duration of a year.

The service is called ‘Roboneko’ or robot cat, which is a reference to the company’s black cat logo. Continue reading “Japan rolls out driverless vehicle for grocery delivery” »

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Industry News: NZ wireless electric vehicle charging technology takes major step forward

wireless electric vehicle

Wireless electric vehicle charging technology created by a team at the University of Auckland has taken a major step forward with the signing of a wireless electric vehicle charging (WEVC) license agreement between US-listed companies Qualcomm and Lear Corporation. Auckland University has been in partnership with Qualcomm since 2011.

Lear Corporation headquartered in San Diego, a global supplier of automotive seating and electrical systems, will be including Qualcomm Halo WEVC technology in its product portfolio to commercialise WEVC systems for plug-in hybrid (PHEV) and electric vehicle (EV) manufacturers, as well as wireless charging infrastructure companies.

According to Auckland University’s Will Charles, general manager for technology and development for UniServices, the university’s commercial research, knowledge-transfer and custom education company, this agreement represents a major step towards clean, green electric vehicles being a common sight on New Zealand’s roads by the end of the decade. Continue reading “NZ wireless electric vehicle charging technology takes major step forward” »

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Industry News: New direction for transport research

Craig-Foss-340x348The release of the transport domain plan and research strategy will help both government and the transport sector to better understand and meet significant challenges ahead says associate transport minister Craig Foss.

Foss launched the two complementary documents during a Parliamentary event yesterday.

“Each year, central and local government invest more than $5 billion in developing, operating and maintaining our transport system. This investment relies on a foundation of high quality information,” he says. Continue reading “New direction for transport research” »

The release of the transport domain plan and research strategy will he ...

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Industry News: Video will usurp showroom visits

buying-the-car-online (1)Automotive UK video specialist company CitNOW, has revealed that the face of the dealership sales industry will dramatically change by 2020 as a result of videos’ increasing influence.

In a research paper titled: How video has changed the face of the automotive industry forever, the company forecasts significant changes to the industry such as salesmen and workshop technicians spending more time in presenting videos rather than on other duties.

The report notes that: “The very nature of their roles could shift to job descriptions like ‘video relationship managers’ and ‘technical presenters’ within five years, as video becomes the number one business tool for the automotive industry”. Continue reading “Video will usurp showroom visits” »

Automotive UK video specialist company CitNOW, has revealed that the f ...

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Industry News: IMVIA issues SUV list

IMVIAThe Imported Motor Vehicle Industry association has issued a list of popular SUV models it believes can be classified as MA rather than MC – avoiding Electronic Stability Control requirements.

The association has lobbied with the NZ Transport Agency over the classification of such ‘soft roader’ vehicles this year – winning concessions last month. Read about that HERE.

It has now issued a list of models it believes don’t meet the MC rule, and can be classed as MA. Continue reading “IMVIA issues SUV list” »

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