Motorists will face petrol price rises tomorrow, with a three cents a litre government tax increase, pushing total tax on petrol to about 42.7 per cent of the pump price.

Volkswagen is expected to recall hundreds of cars in New Zealand this week after growing pressure to respond to customers' safety concerns.

An online car dealer that placed thousands of fake bids on more than 500 of its own auctions has been fined $42,000 this afternoon.

Ford will cease its manufacturing operations in Australia by October 2016 with the loss of 1200 jobs, which could have a significant impact on the company in NZ.

An online car dealer has been snared placing thousands of fake bids on more than 500 of its own auctions.

Shares of General Motors reached an important milestone on Saturday, closing above their initial public offering price of US$33 for the first time in more than two years.