2024 posts new-car record but 2025 will have challenges for dealers, says Cox boss

Feb 4, 2025 · THE year ahead will bring a broader range of more affordable new cars, rising EV sales, the potential for a 10 per cent EV market share, plus the chance of lower interest rates, says a forecast by Cox Automotive Australia for 2025. In its 2025 Market Outlook report just released, Cox Automotive ...

4 days ago · Sydney Road site, once a Ford parts warehouse, to become a $250m development

Jan 14, 2025 · ONE of Australia’s biggest automotive dealer groups has cautioned about ongoing market strength, warning that too many new cars in a contained market will temper growth. Peter Warren Automotive Holdings, in a late 2024 trading update, warned that there had been a growing deterioration in trading ...

Nov 19, 2024 · CarExpert will next week present findings from their latest consumer report into new-car buyer trends that indicates strong purchase intentions and a growing willingness to consider a range of vehicle options.

Nov 26, 2024 · Meanwhile the CEO of the AADA, James Voortman told GoAutoNews Premium: “ We have been very clear in our discussions with the Government that the legislation should ensure that manufacturers comply with the NVES at the point of sale. “Under the existing rules, there are real risks that dealers will be put at risk by having to carry a …

The suite of measures the AADA is calling for comes off the back of Australian Mercedes-Benz dealers heading back to court in March to appeal the Federal Court decision which ruled in favour of the Stuttgart-based company, which changed its distribution to an agency sales model in 2021.Mr Voortman, who this week returned from the United States, said that “whenever I speak with dealers across ...

Jan 14, 2025 · ELECTRIC vehicle consideration has again dropped significantly for Australian motorists with the latest Carsales EV Consumer Survey report confirming that hybrid vehicles are the emerging choice – alongside petrol. When asked to predict the car respondents would be driving in 2035, nearly half ...

Beginnings. John Mellor. Mellor, a 50-year industry veteran, shared his vision with Cox Enterprises, a huge media group in the United States, and, via its Cox Automotive group and its Australian operations at Manheim, Cox agreed to partner with GoAutoMedia to help fund this new Premium initiative with the level of manpower necessary.

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