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Australia

Element’s Australian Subsidiary Secures $1B in Funding

Custom Fleet has secured a $1 billion borrowing facility which will provide funding to facilitate continued growth of its business.

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Light Commercial Vehicles Bolster Australia Vehicle Sales in April

Light commercial vehicles sales in Australia have helped bolster the country’s total sales year-to-date, and made up approximately 19% of what was sold during the month of April.

Ford Australia Fined $7.6M for Mishandling Complaints

Ford Australia has been fined $7.6 million (AU$10 million) for mishandling complaints in thousands of cars accused of having faulty gearboxes.

Toyota Launches Updated Hilux Models in Australia

Toyota Australia has unveiled three new models for its Hilux light commercial nameplate in the region.

Australian EV Charging Company Opens Netherlands Headquarters

Electric vehicle (EV) infrastructure solutions developer, Tritium, has opened its European headquarters in Amsterdam, The Netherlands, to support the global growth of its fast-charging solutions.

Australian SG Fleet Group Posts 18% Yearly Profit

Australian fleet-services firm SG Fleet Group recorded a net profit of $31.6 million for the 2017-18 financial year, continuing the company’s doubled-digit profit growth every six months since listing on the Australian stock exchange in 2015.

Toyota Australia Names New CEO

Toyota Australia has named Matthew Callachor as the company’s new CEO and president, after serving as the company’s vice president.

Toyota Unveils Three HiLux Variants for Australia

Toyota is bringing the HiLux to Australia in three variants: the Rogue, the Rugged, and the Rugged X.

Fleet Purchases in Australia Bolster November Vehicle Sales

New vehicle sales in Australia surpassed one million in November 2017, which was bolstered partially by strong sales to businesses.

Mercedes-Benz Tests Autonomous S-Class in Australia

The car will journey from Sydney via Canberra and Albury to Melbourne, testing its ability to detect LED traffic signs, unique roadways, and wildlife.