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News

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autofile.co.nz > clean-vehicle-standard-to-stay-

News / Clean vehicle standard to stay

42+ min ago   (285+ words) The government has announced it will retain the clean vehicle standard (CVS) for new and used imports after a review of how it works. Officials will now engage with the automotive industry on settings and report back early next year....

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autofile.co.nz > trading-environment-harder-

News / Trading environment???harder???

1+ day, 5+ hour ago   (1480+ words) The chief executive officer of Turners Automotive Group says the persistence of the Middle East conflict has slowed New Zealand’s economic recovery and dented consumer confidence. Todd Hunter, pictured, told shareholders at their annual general meeting that higher fuel prices…...

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autofile.co.nz > car-loan-enquiries-increase-

News / Car loan enquiries increase

2+ week, 3+ day ago   (438+ words) The demand for automotive loans was eight per cent higher in July than in the same month of the previous year, according to new figures from credit bureau Centrix. Mortgage and personal loan enquiries also rose by 10.5 per cent and…...

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autofile.co.nz > petrol-fuels-inflation-rise-

News / Petrol fuels inflation rise

4+ week, 2+ day ago   (423+ words) The consumers price index (CPI) increased 4.1 per cent in the year to June, according to new figures from Stats NZ. It follows a 3.1 per cent rise in the 12 months to the March 2026 quarter, with Stats NZ noting the Reserve Bank…...

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autofile.co.nz > ocr-hike-first-in-three-years-

News / OCR hike first in three years

1+ mon, 1+ week ago   (354+ words) The Reserve Bank of New Zealand has increased the official cash rate (OCR) for the first time in more than three years, lifting it by 25 basis points to 2.5 per cent. The decision was taken by the bank’s monetary policy committee…...

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autofile.co.nz > lending-law-changes-ahead-

News / Lending law changes ahead

2+ mon, 2+ week ago   (916+ words) THE TRUSTED VOICE OF NZ’s AUTOMOTIVE INDUSTRY SINCE 1984 A government bill designed to deliver “simpler, clearer and more workable lending laws” by amending the Credit Contracts and Consumer Finance Act (CCCFA) has passed its third reading in parliament. The changes,…...

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autofile.co.nz > inflation-tipped-to-hit-42pc-

News / Inflation tipped to hit 4.2%

4+ mon, 1+ week ago   (505+ words) THE TRUSTED VOICE OF NZ’s AUTOMOTIVE INDUSTRY SINCE 1984 The Reserve Bank of New Zealand has decided to hold the official cash rate (OCR) at 2.25 per cent as it warns supply chain disruptions may lead to inflation climbing as high as…...

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autofile.co.nz > iran-war-hits-car-industry-

News / Iran war hits car industry

5+ mon, 1+ week ago   (815+ words) THE TRUSTED VOICE OF NZ’s AUTOMOTIVE INDUSTRY SINCE 1984 Major Japanese carmakers are concerned the situation in the Middle East could deal a major blow to automotive exports. The war-afflicted region is a growing market with exports there reaching a record…...