Industry News: Zero road toll for Labour Weekend?

overtake1Last year’s road toll for Labour Weekend numbered one person, and this year the Automobile Association would like to see zero road fatalities.

AA spokesperson Dylan Thomsen says the weather is looking good for the long weekend so the roads will be busy.

“Unfortunately, that also increases the chances of people getting frustrated and trying a risky passing manoeuvre,” says Thomsen. Continue reading “Zero road toll for Labour Weekend?” »

Industry News: Motoring Writers’ Guild elects new president

Liz Dobson

Liz Dobson

The New Zealand Motoring Writer’s Guild has elected NZ Herald/Driven assistant motoring editor Liz Dobson as its president for the next 12 months.

Dobson takes over from immediate past president David Linklater, who has led the guild for the last three years.

Dobson says that she is committed to bolstering the membership of the guild by implementing new measures to attract new journalists into motoring and motorsport writing. Continue reading “Motoring Writers’ Guild elects new president” »

Industry News: No interest hikes before December 2015

ANZ_H_blue_hexThere will be no increases in the official cash rate (OCR) – which drives up interest rates – for more than 12 months, encouraging news for the vehicle and equipment sales industry.

This is the opinion of the ANZ Bank, which describes domestic inflation pressures as ‘benign’.

The bank was commenting on the news that the consumer price index (CPI) rose only 0.3% in the September quarter. Continue reading “No interest hikes before December 2015” »

Industry News: Best ANCAP rating yet for Hyundai Genesis

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The all-new luxury Hyundai Genesis sedan will be launched into New Zealand at the start of 2015 having achieved the highest score in the 21-year history of the Australasian New Car Assessment Programme (ANCAP) achieving 36.88 points out of a possible 37 and a maximum 5-star safety rating.

The Genesis is the latest Hyundai to achieve the maximum ANCAP safety rating for a marque that has consistently performed strongly in crash tests in recent years.

Hyundai has provided as standard nearly every safety feature on the ANCAP check list including autonomous emergency braking – a feature that has been excluded from many new models arriving in New Zealand. Continue reading “Best ANCAP rating yet for Hyundai Genesis” »

Industry News: Bitter fight in Aussie over the ‘right to repair’

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The Australian vehicle repair industry is in turmoil as franchised dealers and independent workshops battle for the rights to carry out work on today’s increasingly sophisticated vehicles.

On one side are the FCAI (Federal Chamber of the Automotive Industry) supported by the AADA (the Australian Automotive Dealers Association) defending the rights of franchised dealers to this repair work – or to charge fees to independent workshops for the information they need to carry out this work.

On the other side of the debate is the AAAA (Australian Automotive Aftermarket Association) and the AAA (Australian Automobile Association) defending the rights of consumer to choose where they have their vehicles repaired and what parts are used. Continue reading “Bitter fight in Aussie over the ‘right to repair’” »

Industry News: Angry dealers say ‘haggling’ is an insult

haggling

American vehicle dealers are upset over a series of adverts from information website Edmunds.com criticising the age-old practice of haggling with a dealer over a car.

The series of videos show situations where haggling is not normally part of the sales process – such as supermarket shopping. Edmunds says it is meant to show a way of selling that is outdated – and are surprised people have taken offence.

But they have. Particularly around the representation of tricks such as ‘calling the manager’. Continue reading “Angry dealers say ‘haggling’ is an insult” »

Industry News: Second judgement goes against MTF in fees case

mtfThe High Court has released a second judgment in the Sportzone case, relating to various fees charged in 39 loan contracts originated by Sportzone Motorcycles Limited between May 2005 and July 2008.

This follows the June 27, 2014 High Court hearing, where the court heard arguments on the application and quantification of the original September 27, 2013 judgment (the Liability Judgment) in the civil proceeding brought by the Commerce Commission against a shareholder in MTF, Sportzone Motorcycles Limited (Sportzone, (now in liquidation)), MTF and MTF Securities Limited.

The first judgement ruled certain fees charged were unreasonable and in breach of the Credit Contracts & Consumer Finance Act 2003 (the CCCFA). The court rejected other allegations of inadequate disclosure and breach of the Fair Trading Act 1986 (FTA). Continue reading “Second judgement goes against MTF in fees case” »

Industry News: Fieldays worth $421 million to NZ economy

DSC_0380The positive economic impact of the National Fieldays held annually at Mystery Creek since 1968, can be felt far beyond the Waikato region says a Waikato University report.

The report was prepared by Dr Warren Hughes for The Institute of Business Research at Waikato University, says that visitor expenditure, equipment sales, and organisational expenditure at Fieldays tallied up to $138.20 million for the Waikato region, and for all of New Zealand the tally came to $421 million.

Waikato sales were up 8.2% from 2013, and sales for all of New Zealand rose by 13.7% from 2013. Continue reading “Fieldays worth $421 million to NZ economy” »

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