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Jim Farley named new global Ford boss, Jim Hackett to retire
News
3 days ago
3 min read

Jim Farley named new global Ford boss, Jim Hackett to retire

Ford has appointed a new global boss – former Toyota and Lexus executive Jim Farley – after current CEO Jim Hackett announced he will retire in October, following three years in the top job. Mr Farley joined Ford 13 years ago – in 2007 – after 17 years in senior roles at Toyota and Lexus USA.
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Joshua Dowling
Fiat-Chrysler offices raided, EU delays antitrust ruling – report
News
23rd Jul 2020
2 min read

Fiat-Chrysler offices raided, EU delays antitrust ruling – report

Offices belonging to Fiat-Chrysler (FCA) have been searched by authorities in Germany, Italy, and Switzerland, in relation to an emissions probe by Germany authorities. According to a report by news outlet Reuters, the raids were initiated by German prosecutors looking into potentially illegal engine management software used by Fiat, Alfa Romeo, and Jeep models. The software is suspected of defeating emissions detection devices.
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Ben Zachariah
VFACTS: June 2020 new car sales, the complete report
News
3rd Jul 2020
4 min read

VFACTS: June 2020 new car sales, the complete report

Australian new-car sales performed significantly better than expected in June, however the industry is still cautious about the recovery from the COVID-19 slowdown which saw the weakest May result in 23 years and the steepest April decline in at least 30 years.
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Liam Murphy
H2X: The bold plan to build hydrogen vehicles in Australia
News
15th Jun 2020
3 min read

H2X: The bold plan to build hydrogen vehicles in Australia

A group of Australian automotive executives is working on a plan to assemble hydrogen vehicles locally – with key components to be sourced from Europe and the Americas. Start-up manufacturer H2X Australia has bold plans to begin assembling hydrogen fuel cell vehicles for the commercial industry and mining sectors, before potentially moving on to taxis, vans and passenger cars. If successful, the proposal is to assemble the vehicles in Port Kembla, south of Sydney.
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Justin Narayan
VFACTS: New-car sales down 35 per cent in May, market shows signs of recovery 
News
3rd Jun 2020
3 min read

VFACTS: New-car sales down 35 per cent in May, market shows signs of recovery 

New-car sales across Australia fell by 35.3 per cent in May 2020 – with 59,894 vehicles reported as sold versus 92,561 for the same month last year – marking the lowest May tally in 23 years, since 1997. It was also the 26th month in a row in decline, the longest slowdown since the Global Financial Crisis.
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Joshua Dowling