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New car sales post monthly record
New Zealand's monthly new car sales rose to a record in June.
New Zealand's monthly new car sales rose to a record in June.
Turners lifted annual profit 13 per cent after it acquired Buy Right Cars.
Luxury vehicles, including Ferraris and Lamborghinis, can be bought from the machine.
Google has teamed up with Lyft to develop self-driving vehicles.
Retail sales rose in the first quarter, powered higher by a surge in car sales.
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New Zealand retail sales gained in the fourth quarter, led again by motor vehicle and parts retailing.
New Zealand has been ranked worst in a global survey for depreciation in cars, with a 54 per cent slump in value after just 56,000 kms.
A veteran Nasa engineer has been hired by Uber to develop flying cars.
The partnership could put Daimler in a strong position to monetize self-driving cars when the technology is ready.
A Whakatane father and his two sons are currently competing in the New Zealand Superbike Championships. Made with funding from NZ On Air.
Registrations of new vehicles jumped 16 per cent in January, signalling no imminent slow down from three straight years of record sales.
Rolls-Royce is expected to pay almost £700m to settle bribery allegations which have dogged the company for years.
Five German Volkswagen executives facing U.S. charges linked to the diesel emissions scandal may be able to avoid jail.
"We cannot put companies in jail, but we can hold their employees personally accountable," FBI Deputy Director said.
A trial of the fully autonomous vehicle will begin at Christchurch International Airport.
As part of its settlement, VW pleaded guilty to charges of conspiracy, obstruction of justice and using false statements to import cars to the U.S.
German automaker Volkswagen plans to admit guilt to settle investigations in regards to its emissions cheating scandal.
Ford executives said Monday night that Donald Trump's presidency could bode well for the US automobile industry.
Tesla Motors reported deliveries fell short of its forecasts, as production delays continued to plague the carmaker.
Trump has threatened General Motors in a tweet, as rival Ford scraps a plan to build a US$1.6 billion plant in Mexico.
It's tipped to be another record year for new vehicle sales if immigration remains strong and the cost of debt stays low, according
Even with potential record sales, the automotive industry must brace for a slowdown, analysts warn.
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