NEW CAR DEALERS MUST HAVE AN AUTOMOTIVE INDUSTRY CODE

The ACCC can significantly improve consumers’ new car retail experiences in Australia by recommending the adoption of an Automotive Industry Code when it publishes its findings from the New Car Retail Industry Market Study, expected before year end. In a…

AADA DELIVERS INPUT INTO REFORMS TO SALE OF ADD-ON INSURANCE

A response to ASIC in October by the Australian Automotive Dealer Association on the sale of add-on insurance and warranties made it clear it would support reform proposals that lead to better consumer outcomes, informed decision making, improved sales processes,…

AADA WELCOMES MANDATED COMPREHENSIVE CREDIT REPORTING

The Australian Automotive Dealer Association (AADA) has welcomed the decision by the Turnbull Government to legislate mandatory comprehensive credit reporting (CCR) from 1 July 2018. Federal Treasurer, Scott Morrison, said the Government had made it clear in the Budget that…

TREASURER MORRISON BULLISH ABOUT AUSTRALIA’S ECONOMIC FUTURE

AADA Chief Executive Officer, David Blackhall, and Executive Director Operations, Brian Savage, were among guests at the Australian British Chamber of Commerce breakfast on 3 November to hear Federal Treasurer, Scott Morrison, deliver an address on Australia’s ongoing economic performance….

TAKATA AIR BAG RECALL COULD BE COMPULSORY

The Takata air bag recall saga trundles on, with the ACCC poised to decide upon the recall becoming compulsory, according to Australian Automotive Dealer Association (AADA) Executive Director Operations, Brian Savage. It depends on the findings of the ACCC’s investigation…

FLEX COMMISSIONS BANNED FROM 1 NOVEMBER 2018

Astute Dealers will be rethinking their business model on how best to deal with receiving payments from finance companies when flex commissions are prohibited from 1 November 2018. Notice was given by ASIC when, in September, it registered a Legislative…

WE ARE STARTING TO MAKE OUR PRESENCE FELT IN CANBERRA

Twelve months ago, few people in the political circles of Australia knew anything about the Australian Automotive Dealer Association (AADA). The irony is, of course, that the destiny of the automotive industry was – and still is – in the…

RECORD SALES IN OCTOBER

Small cars and SUVs, together with a continued strong demand for light commercials, have driven Australia’s new vehicle market to a record October sales result, according to data released by the motor industry’s official statistical service, VFACTS. October sales reached…

TOYOTA’S EXIT PARTY

Thousands of Toyota Australia staff attended closing-down celebrations at the company’s Altona manufacturing plant in October, marking the last shift for 3,000 workers after 54 years of manufacturing in Australia. Production line workers, supervisors, engineers and managerial staff watched a…

BRISBANE FUEL RIP-OFF

An investigation by the Australian Competition and Consumer Commission (ACCC) has found that Brisbane motorists are paying too much for fuel – a combined $50 million per year. ACCC Chairman, Rod Sims, said a lack of competition was behind the…