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Honda Set to Move to Fixed Pricing

March 27th 2020 by Rene | Buying a Car, Dealerships, Pricing Issues and Practices

After much speculation, Honda has finally confirmed its plans for the Australian market for the foreseeable future. While some industry experts predicted that the Japanese brand might wind up its local operations, just as Holden has recently done, the company has instead ‘committed’ to retaining its presence down under. However, the auto-maker’s commitment comes with a few strings attached. And for...

February 2020 New Car Sales Review - Part 2

March 25th 2020 by Rene | Car Sales Data

February 2020 New Car Sales Review - Part 1

March 25th 2020 by Rene | Car Sales Data

The new car industry has already been battling a series of headwinds, both of local and international nature, however, the latter part of February introduced a new macro risk to not only Australia, but the wider world. The Coronavirus pandemic has escalated into an unprecedented health crisis, and while its effect wasn’t particularly felt on the new car sales results from February, the months ahead will be cha...

How Car Dealers Will be Feeling the Economic Brunt of the Coronavirus

March 24th 2020 by Rene | Dealerships

As if the new car industry wasn’t already facing a tough time, with sales slumping year-on-year for each of the last 24 months, a new challenge is now confronting the industry. While the car industry is not alone in its struggles, it is in no sense an understatement to say that our day-to-day life we once knew has changed drastically before our eyes. Even if only a ‘temporary’ affair, the profound...

What Impact Might the Declining Australian Dollar Have on Car Prices?

March 24th 2020 by Rene | Buying a Car, Pricing Issues and Practices

Amid all the latest headlines focusing on the Coronavirus, financial markets have been roiled. This includes sharp currency movements that have seen the Australian dollar plunge to a near eighteen-year low. Although this trend has been playing out for a longer period across the last 24 months or so, the shift of the world’s attention to an accelerating viral pandemic has only exacerbated the weakening local cu...

January 2020 New Car Sales Review - Part 2

February 22nd 2020 by Rene | Car Sales Data

January 2020 New Car Sales Review - Part 1

February 21st 2020 by Rene | Car Sales Data

After a dour 2019, the new car industry entered the year with no signs of any momentum. That was only compounded by a series of further headwinds, both locally and internationally, which quelled any chance that the market might recover. The Chief Executive of the Federal Chamber of Automotive Industries (FCAI) gave an insight into how expectations have all but faded, noting, “given the broad range of environme...

What to Look for in a Family Car

February 19th 2020 by Rene | Buying a Car

The humble family car has become central to the everyday life of Australians right around the country. Whether it’s the school run, day trips or weekends away, you want to ensure that you have a vehicle that is cut out for the task. With that, there are certain traits that endear themselves well when it comes to picking up a great family car. We take a look at some of these key features so that you know what to...

2019 New Car Sales Review - Part 2

January 31st 2020 by Rene | Car Sales Data

2019 New Car Sales Review - Part 1

January 30th 2020 by Rene | Car Sales Data

As 2019 came to an end, the year marked one of the worst in recent history for new car sales as a combination of macro events came together to ultimately stifle buying appetite. Even though competition and discounting represented a chance for buyers to score a bargain, the industry was weighed down by political uncertainty, slow wage growth, tightened lending regulations, a volatile housing market and drought condit...

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