NEWS: Most Recent Automotive News

EROAD bets on ‘reset’ phase

EROAD has unveiled a sweeping turnaround strategy centred on New Zealand and Australia, signalling a reset of the business following a difficult period marked by a major North American write-down and governance upheaval. Speaking at the company’s annual shareholder meeting on Wednesday, executive chair...

Eagers’ Karmo investment set to expand easyauto123 vehicle pipeline

Eagers Automotive's proposed investment in Australian vehicle subscription provider Karmo is expected to strengthen vehicle sourcing and remarketing opportunities for easyauto123 as the group expands its presence across the broader mobility sector. The ASX-listed automotive retailer recently announced plans to acquire a 17.5% minority...

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