Category: Industry News

THE NUMBERS GAME

May 2020 VFACTS arrived in all its expected ugliness – but with a few surprises both positive and negative. The accompanying chart shows which franchises won or lost – although perhaps given the COVID-19 crisis it’s more a case of…

AMENDMENTS TO THE FRANCHISING CODE TO SUPPORT DEALERS

On 1 June 2020, the Federal Government announced amendments to the Franchising Code directly aimed at better protecting the interests of new vehicle Dealers. Minister for Industry, Science and Technology, Karen Andrews, said that the amendments “balance the need to…

NISSAN PULLS OUT OF EUROPE’S COMPACT CAR MARKET

Nissan has announced it will end sales of two compact cars in Europe and Russia, citing a consumer swing away toward utilities in the segment. It follows General Motors’ announcement it would to cease production of right hand drive vehicles,…

NADA BOSS TO RETIRE

The US National Automobile Dealers Association (NADA) announced in May that President and CEO Peter Welch would retire at the end of 2020. Mr Welch, 67, who spoke at the 2015 AADA National Dealer Convention, was appointed by the NADA…

HYUNDAI INCREASES WARRANTY EXTENSION DUE TO COVID-19

For the second time since the COVID-19 lockdown began, Hyundai Australia has increased its warranty extension period to compensate for decreased car use. Hyundai cars that had warranties due to expire between 1 March 2020 and 31 May 2020, had…

DEALERS AWARDED OAMS

AADA congratulates Cairns Holden Dealer, Richard Ireland, and Gold Coast automotive royalty, Rebecca Frizelle, after they were both awarded the Order of Australia (OAM) in the latest Queen’s Birthday honours. Mr Ireland received the honour for his service to the…

TYSON SUTTON ELECTED AS WA BOARD DIRECTOR

The AADA Board and Secretariat welcomes Tyson Sutton as the newly elected Western Australia Board Director. Tyson Sutton has been Managing Director for the Regent Motors Group in WA since 2007. The Group is comprised of 12 vehicle franchises. Prior…

INSTANT ASSET WRITE-OFF EXTENSION

AADA has congratulated the Federal Government for extending the expanded instant asset write-off until the end of the year. AADA CEO James Voortman said it was very welcome news for car Dealers and hoped it would help the industry recover…