The High Court has approved a $10.9 million settlement in a class action against Hino Motors Limited (HML) relating to certain diesel trucks sold in New Zealand with a build date between 2010 and 2022. The settlement covers a range of Hino 300 Series,...

Transport Minister Chris Bishop says the Government is moving towards electronic road user charges as part of a major reform of New Zealand's transport funding system. Speaking to Parliament's Transport and Infrastructure Committee, Bishop said the National Land Transport Fund is becoming increasingly unsustainable...

BMW Group Australia has appointed Mario Lourenco as chief executive of BMW Group Financial Services Australia and New Zealand, effective 1 August 2026. Lourenco brings more than 25 years in the finance sector, with a track record across digitalisation, business transformation and leadership in...

Petrol and diesel prices both fell in May, reversing increases recorded over the previous two months, according to Stats NZ. Petrol prices declined 3.8% in May compared with April, while diesel prices dropped 11.4%. “The decreases in May 2026 follow rises for both petrol...

The Commerce Commission says it expects recent declines in global fuel costs to be reflected in lower prices at the pump and reduced fuel surcharges for consumers and businesses. Commissioner Bryan Chapple says fuel companies responded to higher wholesale costs during the recent Middle...