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$5 million Federal automotive engineer program announced

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$5 million Federal automotive engineer program announced

Australia's automotive industry has received a boost this week, with Federal Minister for Industry, Science and Technology, Karen Andrews, announcing a $5 million investment to help graduate engineers kick-start their careers...

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Luxury car owners are more satisfied
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Luxury car owners are more satisfied

If you’re shelling out big bucks for a premium car, you’re quite right to expect premium customer care. The good news is, according to global research firm J.D. Power, that’s exactly what most people are getting. Its 2018 Australia Customer Survey for Luxury Vehicles spoke with 511 luxury vehicle owners who purchased their car between March 2013 and August 2018, and had it serviced at an authorised dealer between March 2017 and August 2018...


Kia Australia announces Joonsu Cho as new CEO
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Kia Australia announces Joonsu Cho as new CEO

Kia Australia has a new boss, Joonsu 'James' Cho, who immediately succeeds Woong Hur as the Korean brand's local chief executive officer. Mr. Hur has left the Australian division just nine months into his tenure as president and CEO of Kia's local arm, returning to the company's Seoul headquarters as leader of the North and Latin America Support Group...


Volkswagen to replace faulty vehicles within 60 days of purchase
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Volkswagen to replace faulty vehicles within 60 days of purchase

Volkswagen will replace vehicles that are un-drivable due to faults present within 60 days of purchase, as part of a new agreement with the Australian Competition and Consumer Commission (ACCC). The new plan, inventively dubbed the 60-day policy, means owners won't need to demonstrate a major fault to score a replacement, provided the car isn't driveable...


Volkswagen: WLTP approval process wreaking havoc in Europe - report
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Volkswagen: WLTP approval process wreaking havoc in Europe - report

Just half of Volkswagen's existing model lines have been approved for emissions under new WLTP regulations, according to reports from Europe. According to Autocar, which quotes the head of Volkswagen sales and marketing for Germany, just seven of the brand's 14 model lines have managed type approval...


Ford Mondeo on the chopping block - report
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Ford Mondeo on the chopping block - report

The mid-sized Ford Mondeo could soon be no more, with reports out of the UK claiming the Blue Oval could drop its long-running nameplate as it tries to cut costs. A new article by The Telegraph says Ford is facing "mounting speculation" that it's planning to scrap the Mondeo range and cut up to 24,000 jobs...


Holden announces $28 million for autonomy and EVs, 150 new jobs
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Holden announces $28 million for autonomy and EVs, 150 new jobs

General Motors (GM) has announced plans to make Holden a hub for engineering autonomous technology and electric vehicles, pouring an additional $28 million into local research and development, and promising 150 new engineering and design jobs. That takes the annual spend on research and design for Holden beyond $120 million, an increase of around 30 per cent, and will push the local design and engineering team to around 500 employees...


Mazda, Suzuki, Yamaha admit to improper emissions testing
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Mazda, Suzuki, Yamaha admit to improper emissions testing

Mazda, Suzuki and Yamaha have joined a growing list of Japanese companies falsifying data, with all three admitting to improper fuel economy and emissions testing. First reported by industry journal, Automotive News Europe, the announcements come after internal investigations made by all three firms ordered by the Japanese Ministry of Land, Infrastructure, Transport and Tourism...


BMW Group: Vikram Pawah announced as Australian CEO
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BMW Group: Vikram Pawah announced as Australian CEO

BMW Group has announced Vikram Pawah will take over from Marc Werner as Australia/New Zealand CEO on August 1. He'll be moving on from his role as BMW India's president, having joined the BMW Group in January 2017. His career in the auto industry spans more than 25 years. “It gives me great pleasure to welcome Vikram to his expanded role," said Hildegard Wortmann, senior vice president of BMW Group, Asia Pacific...


Holden: Dave Buttner confirmed as new MD
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Holden: Dave Buttner confirmed as new MD

Holden has announced Mark Bernhard will leave his role as managing director and chairman at the end of July, with Dave Buttner will step into his role. Bernhard has been at the helm since July 2015, having piloted Holden through its transition from local manufacturer to full importer, completed with the closure of Holden's Elizabeth manufacturing plant on October 20 last year...


Holden cuts 60 staff in Melbourne
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Holden cuts 60 staff in Melbourne

Holden has announced plans to cut around 60 jobs from its sales staff, amid a restructure of its sales and administration departments. The company has confirmed the employees were mainly be based at headquarters in Port Melbourne, and the cuts won't eat into its local design and engineering team...


Jaguar Land Rover appoints Mark Cameron as local managing director
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Jaguar Land Rover appoints Mark Cameron as local managing director

Jaguar Land Rover (JLR) has appointed Mark Cameron its new Australian managing director, after Matthew Wiesner's abrupt departure in May. Cameron moves from his role as 'global experiential marketing director', having previously held senior leadership roles in Mazda UK's sales and marketing departments...


Detroit motor show could move to July or October
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Detroit motor show could move to July or October

The annual Detroit motor show – or North American International Auto Show, as it's known officially – could move from its traditional January start date, according to reports from local media. Detroit News reports the Detroit Dealers Association wants to move the event, which has been shrinking in the shadow of the Consumer Electronics Show (CES) in Las Vegas, to later in the year, likely in July or October...


Senate Committee to investigate potential for local EV manufacturing
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Senate Committee to investigate potential for local EV manufacturing

A new Committee on Electric Vehicles has been formed in the Australian Senate, with the goal of lending "much needed momentum and leadership" to the push for electric cars Down Under. Headed by Tim Storer, Independent Senator for South Australia, the committee will explore the "economic, environmental and social benefits" widespread adoption of electric vehicles could offer for Australia...


Volkswagen planning short factory closures due to WLTP - report
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Volkswagen planning short factory closures due to WLTP - report

Volkswagen will close its factory in Wolfsburg for one or two days per week between August and late September, as it tackles problems caused by the new Worldwide Light vehicle Test Procedure (WLTP). Reports from Automotive News in Europe say Volkswagen told employees about the closures over email on Tuesday...


Toyota Australia posts $137 million profit
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Toyota Australia posts $137 million profit

Toyota Australia posted a $137 million after-tax profit for the 2017-18 Japanese financial year, ending March 31, despite wearing $147m in “restructuring costs” from the closure of its Altona factory last October. The tidy sum is up on the $99 million profit the company posted last financial year, a sum watered down by $131m in incurred restructuring costs depreciated over a four-year period...


Porsche buys Rimac stake
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Porsche buys Rimac stake

Porsche AG has purchased a 10 per cent stake in Croatian electric startup Rimac Automobili, creators of the Concept One and C_Two EV hypercars. The German sports car specialist made the announcement overnight, and says it plans to enter a "close collaboration" with the up and coming EV brand...


Ford and Volkswagen exploring 'strategic alliance'
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Ford and Volkswagen exploring 'strategic alliance'

Volkswagen AG and Ford Motor Company have signed a memorandum of understanding ahead of a possible 'strategic alliance', which could see the two automotive giants team up to develop commercial vehicles. The pairing wouldn't involve any equity sharing or "cross-ownership stakes", ruling out the possibility of a massive automotive alliance in a similar vein to Renault-Nissan-Mitsubishi or Peugeot Citroen (PSA)...


GM names first female Chief Financial Officer
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GM names first female Chief Financial Officer

Dhivya Suryadevara has been named Chief Financial Officer (CFO) for General Motors (GM), becoming the first woman in the role since the company's foundation in 1908. Suryadevara has been vice president of corporate finance at GM for the past 11 months, having first joined the US giant in 2005, and replaces Chuck Stevens in the role of CFO...


Tesla to lay off nine per cent of workforce
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Tesla to lay off nine per cent of workforce

Tesla will cut thousands of jobs in search of reduced costs and strong profit margins, as part of a restructure promised by Elon Musk last month. In an internal email to staff, the company's CEO said the cuts were "almost entirely made from [its] salaried population and no production associates were included" which, if the email is to be believed, shouldn't impact Model 3 production numbers...