Hello there,
In this issue, new market entrants Leapmotor and Deepal have announced their initial Australian dealer networks.
Penske Automotive Australia has acquired its third Porsche dealership in Melbourne.
Transall Motors has been appointed Isuzu Australia’s latest authorised parts and service outlet.
Cumulative new vehicle sales passed the one million mark in October 2024, creating a new record for the market.
However, sales of battery electric vehicles remain subdued.
Prices for used cars on dealership yards continued to decline in the third quarter of the year, but ex-lease and rental vehicles have pushed up the volumes through wholesale auctions.
New research has revealed what intenders value through the car-buying journey.
All this, plus our usual round-up of industry news, views, and monthly registration data.
Enjoy your reading.
