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This Month

Mitchell Hough, a project manager who lives on the Sunshine Coast, owns a Xpeng G6, an electric SUV that competes with the Tesla Model Y and concedes that it was a “leap of faith”.

Chinese car brands all the rage, and on track to dominate by 2035

Forecasting conducted for car dealerships suggest vehicles manufactured in China will make up 43 per cent of sales within a decade in a major market shift.

Sean O’Neill and Lucas Couper co-founded Nash Advisory in 2016.

No brake for Nash Capital as it signs second deal from growth fund

Nash has turned up as the first outside investor in Clear21, and its investment will help it expand into the United Kingdom.

Cameron McIntyre has announced he will step down as Car Group chief executive next month.

Carsales chief bows out after 230pc growth record

Cameron McIntyre will hand the reins over to his chief financial officer, William Elliott, after nine years as CEO and almost two decades at Car Group.

Employees on a production line for Polestar 4 electric vehicles. Sales are soaring in Australia.

Polestar lashes carmaker lobby for ‘unfounded’ attack on EV standards

The local chief executive of the Chinese-backed electric vehicle maker says the industry is creating unnecessary fears about higher prices from emissions rules.

New emission standards could be a time bomb for car prices

Car groups say the government’s vehicle emissions scheme could come at a major cost to consumers, while forcing them to buy vehicles they don’t want.

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Diogo Jota celebrates scoring for Liverpool.

How the best summer of Diogo Jota’s life ended in tragedy

The Liverpool star and his brother were killed in a car accident in Spain after the Lamborghini they were in veered off a road and burst into flames, police say.

Rafael Avigad

BYD sales are booming. So are complaints about their cars

With well-priced vehicles, the Chinese brand is one of the fastest-growing electric car manufacturers in the country. Some buyers have immediate regrets.

June

A Tesla cybertaxi prototype at a Tesla store in San Jose, California.

Musk’s new robotaxis hit the streets in critical Tesla test

The Texas rollout has been highly anticipated by investors, who are counting on the new line to revive a company battered by poor sales and a consumer backlash.

One of the most dramatic moments of the F1 season happened between McLaren teammates Oscar Piastri and Lando Norris.

‘All my bad’: Piastri and teammate in dramatic F1 collision

The Australian driver and Lando Norris were involved in a late clash that knocked the Briton out of the Canadian Grand Prix and kept McLaren off the podium.

Tesla vehicles at the Port of Melbourne in March.

Car dealers face $2b hit from tougher fuel efficiency standards

The surging popularity of hybrid cars is a dilemma for manufacturers and dealers as they grapple with the government’s stricter fuel standards regime.

A Xpeng Mona M03 electric vehicle at a showroom at the company’s headquarters in Guangzhou.

China’s brutal EV price war is raising quality fears

An extreme discount war on electric vehicles has Beijing worried about a race to the bottom and damage to its international “Made in China” brand.

New chief operating officer of BYD Australia Stephen Collins.

Plug-in ute a game changer for BYD in Australia, says top exec

The new chief operating officer in Australia for the fast-growing Chinese brand says having the BYD Shark ute in the line-up has given extra credibility.

Chinese car maker Chery had a record sales month in Australia in May. The Tiggo model is one of its main sellers. Chief operating officer for Chery Australia, Lucas Harris, says local motorists are not overly fussed about where vehicles are made.

The company behind this $24,000 SUV just had its best month

Chinese carmakers accounted for four of the top-selling 15 brands in Australia in May, as more people become less worried about where their vehicles are built.

The production line at a VW factory in Dresden.

Global factory shutdown warnings over China’s rare earth ban

German carmakers became the latest to warn China’s export restrictions threaten to halt production and rattle their economies as China-US trade tensions rise.

McLaren driver Oscar Piastri of Australia celebrates after winning the Spanish Grand Prix.

Piastri wins Spanish Grand Prix – and says it was just what he needed

The Australian driver said winning Sunday’s event was a saviour after losing out to McLaren teammate Lando Norris over the previous two weekends.

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May

Donald Trump has long been sceptical of international tax treaties.

Ford enlists Trump tax officials in billion dollar ATO brawl

The Trump administration has taken an aggressive stance against global taxation deals, and the ATO is embroiled in similar fights with ExxonMobil and PepsiCo.

MotorOne’s main game is selling automotive aftercare products like window tints and car interior protective coatings.

Ares is designated driver at Quadrant’s MotorOne as $350m refi lands

Street Talk understands the Sydney buyout fund wants to trade its bank debt for a $350 million-plus unitranche loan.

Sydney Roosters chairman Nick Politis at last year’s announcement where BYD became a major sponsor of the NRL team. Politis owns 28.3 per cent of Eagers Automotive, Australia’s biggest car dealership group.

Eagers Auto loses exclusive rights to sell fast-growing BYD brand

Top car dealership group agrees to a new five-year sales deal with BYD, but the Chinese EV maker can now also appoint other retailers.

Eagers Automotive chief executive Keith Thornton is well ahead on a $10 million loan deal.

Eagers execs’ share loans too profitable to go unnoticed

One of the world’s biggest proxy advice firms has taken aim at Eagers. But the drive-by misses the point: management’s alignment with shareholders is good.

IAG CEO Nick Hawkins and RACQ CEO David Carter announcing the deal in November.

IAG gets regulator tick to buy automobile club insurer in Queensland

The ACCC said Suncorp, Allianz, QBE, Youi, Auto & General and Hollard would compete with IAG after it buys RACQ.

Original URL: https://www.afr.com/topic/cars-hpy