Auto and cars
Australian electric vehicle sales hit record high in April
Australia's automotive landscape reached a milestone this April, as electric vehicles surged to represent 16.4% of all new car sales.
AustraliaAuto And Cars
Auto and cars
Vmoto secures global MotoGP electric scooter deal
Global electric vehicle pioneer Vmoto (ASX:VMT) announced an agreement with Spanish-based MotoGP Sport Entertainment Group.
Retail
Eagers Automotive finalises major CanadaOne acquisition
Australian retail giant Eagers Automotive (ASX:APE) completed its acquisition of CanadaOne Auto.
Auto and cars
Tesla's energy division overtakes cars as top Australian earner
Tesla's energy storage business has overtaken its automotive division as the primary revenue driver in Australia.
Auto and cars
Vmoto shares surge on record 127% sales growth
Global electric vehicle manufacturer Vmoto (ASX:VMT) delivered 6,693 units during the first quarter ended March 31.
Auto and cars
Fuel shock drives record used EV sales surge in Australia
Australian second-hand electric vehicle sales surged 138% in one month as motorists flee volatile petrol prices.
Auto and cars
Vmoto shares surge on bullish FY26 revenue outlook
Vmoto (ASX:VMT) announced a bullish outlook for the 2026 financial year, forecasting a revenue surge driven by the global shift towards electric mobility.
Economy
EV sales in Australia surge despite market downturn
The Australian automotive landscape witnessed a historic pivot in March as electric vehicle sales surged to record heights
Auto and cars
Turners Automotive upgrades earnings guidance
Turners Automotive (ASX:TRA) upgraded its earnings guidance for the financial year ending March 31.
Auto and cars
China overtakes Japan as Australia's top vehicle source
China has surpassed Japan to become Australia's largest source of new vehicles in for the first time in a single month.
Auto and cars
Bapcor raises $157M in institutional offer
Bapcor (ASX:BAP) has completed the institutional component of its capital raising initiative, securing approximately $157 million in gross proceeds.
Auto and cars
Bapcor faces interim loss; launches $200M raising
Bapcor (ASX:BAP) reported a significant statutory H1 loss of $104.8 million, a figure heavily impacted by one-off items totalling $110.3 million post-tax.