Motoring Industry News

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What's Ferrari worth? A cool $US12bn, say new shareholders

Supercar brand Ferrari lists on the New York Stock Exchange at $US52 a share, valuing the company at $US12 billion

Dieselgate: Audi and VW confirm Australian recall

Audi and Volkswagen have confirmed they will recall Australian cars caught up in the Volkswagen Group diesel emissions scandal.

Haval launches ‘premium’ turbo rival for Mazda CX-3

Chinese SUV brand opens in Australia with three models and factory-backed distribution.

Volkswagen Australia's statement in full

Volkswagen Group Australia announces next steps in its action plan to address the worldwide diesel emissions issue.

Hyundai i30 wallops Toyota Corolla, Mazda 3

September was a big month for Hyundai’s best seller, as Australian new-car sales maintained record-breaking pace.

Will the Hilux be a bigger hit than Corolla?

In a first for a ute, the eighth-generation Toyota Hilux – a ground-up redesign of the best-selling four-wheel drive in Australia – looks likely...

Dieselgate: 90,000 Australian cars affected

Volkswagen has confirmed that tens of thousands of diesel cars sold in Australia contained software to help them cheat emissions tests

Ferrari CEO to step down

Executive clean-out at Ferrari set to continue with expected retirement of Amedeo Felisa

Italian designer splits with Audi

Giorgetto Giugiaro, the man behind countless beauties, has sold his remaining shares of the company bearing his name to majority shareholder Audi.

Government backs parallel imports

Government minister adds to industry fears that Australia will open the floodgates to parallel imports, arguing that it would give motorists mor...

Holden culls build numbers, jobs

More pain as local carmaker cuts Commodore, Cruze production

Toyota can't guarantee staying to 2017

Toyota could leave Australia before its 2017 deadline, with the company refusing to guarantee it won’t shut its factories early

Gone! Toyota to leave Oz by 2017

Toyota has announced it will follow Ford and Holden and cease manufacturing in Australia by 2017.

Ford: We could close before 2016

Ford admits it could cease manufacturing in Australia months or even years ahead of its original 2016 schedule.

Hyundai braces for busy year

Koreans attempt to crack six figures with a cornucopia of new cars over the next 12 months or so