NEWS: Most Recent Automotive News

Auto loan arrears up

Auto loan arrears up

Auto loan arrears reached a new high with 6.5% of accounts behind in March 2024. Demand for auto loans has meanwhile fallen off, which could be related to the introduction of EV Road User Charges (RUC) and the Clean Car Discount’s (CCD) end. So...

Public EV charging network boosted

Public EV charging network boosted

Energy and transport minister Simeon Brown has announced 25 new high-speed EV charging hubs along key routes between major urban centres and outlined the Government’s plan to supercharge New Zealand’s EV infrastructure. The hubs will each have several chargers and be capable of charging...

ANZ scheme to finance clean fleets 

Electric vehicles lead auto import slump 

Imports of vehicles, parts, and accessories fell $283m (28%) to $713 million in March 2024 compared to the same period last year led by a sharp decline in electric passenger cars.  Passenger cars fell $105m (18%) to $468m for the period which included a...

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