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Cars

This Month

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ASX slumps; Westpac gets new CEO; Boomers drive luxe apartment demand

Read everything that’s happened in the news so far today.

Turo’s Australian managing director, Tim Rossanis, says Australians are fans of the car-sharing model, despite Uber Carshare’s failure.

Uber jumps straight back into car sharing with global partnership

Two weeks after pulling the pin on the product that let people rent out their cars, Uber has signed an international partnership with US-based operator Turo.

  • Paul Smith
The Toyota RAV4 Hybrid is Australia’s No.1-selling car of any type. Around 95 per cent of all RAV4 models sold in August were hybrids.

Car buyers going greener turn to hybrids not full EVs

The No.1 selling vehicle in Australia in August was the Toyota RAV4 hybrid.

  • Simon Evans
The first Zeekr, a small SUV known as the X, will be sold in Australia from October.

Your electric car choices are about to explode

The first Zeekr, a small SUV, will be sold from October, and will be followed by as many as 10 other brands from China’s vast portfolio of carmakers.

  • Tony Davis
Only 28 per cent of AFR readers said they make their next vehicle purchase an EV.

‘More for a second-hand toothbrush’: Why EVs are on the nose

The most commonly held concerns about buying an electric vehicle related to upfront cost, charging facilities, and deterioration.

  • Gus McCubbing
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August

Drive Mate’s Jake Hyde says his company is ready to pick up the slack left by Uber’s sudden closure of is car sharing division.

Why this start-up thinks it can succeed where Uber failed

Drive Mate says it has had a 39 per cent increase in vehicles listed to rent on its platform since news broke of Uber’s plan to close its car sharing service.

  • Paul Smith
Uber couldn’t make the carsharing business model work, and will close down the service.

Uber targets car rentals after Carshare failure

Uber has blamed a blow-out in operational costs for the failure of its Carshare service, which will cease business from September 12.

  • Paul Smith

260km/h? Porsche’s new Macan EV is its fastest ever

Porsche’s new fully electric SUV will entice those wanting the model with the biggest numbers.

  • Tony Davis
CAR Group boss Cameron McIntyre (right), with David McMinn who runs US-based Trader Interactive.

EV sales splutter, but not this group’s offshore expansion strategy

CAR Group’s big move in the US came at a time of rising rates and softening consumer demand. It still worked.

  • Anthony Macdonald
The Toyota RAV4 was the top-selling vehicle in Australia in July, with many of those models a hybrid version. Hybrids are winning over more buyers, compared with full-battery EVs.

Battery EV sales slump as cautious buyers opt for hybrids

Hybrid vehicles – with a petrol- or diesel-powered engine and a smaller battery and electric motor – are proving very popular as some buyers baulk at full-battery EVs.

  • Simon Evans

July

Car yards are full and dealers are worried they are in a race to the bottom on prices.

Car yards are full and dealers worry they are racing to the bottom

There’s been little economic data to offset expectations that the RBA needs to raise interest rates. A review of conditions at car dealerships caught our eye.

  • Updated
  • Anthony Macdonald
The Ferrari Roma Spider.

Ferrari’s first electric car may cost more than $800,000

By the end of the decade as much as 80 per cent of the car maker’s new vehicles could run on batteries. The first is scheduled for 2025.

  • Bernhard Warner

Transport needs to avoid becoming the nation’s biggest emitter

Without dramatic changes, this may be the last industry to decarbonise. Aurizon, the winner of the Logistics and Transport category, aims to change that with its electric locomotive.

  • Agnes King
The one-bedroom apartment with no car park at 29 Lander Street in inner-southern Sydney’s Darlington sold for $995,000.

One-bed unit, no car park – the price? Almost $1m

There were not many takers for this nice, but expensive, property. But one buyer valued it differently – and was prepared to pay for that.

  • Michael Bleby
Deliveries.

Tesla surges as quarterly deliveries fall less than expected

Shares in the EV maker leapt 10.2 per cent after it reported that it delivered 443,956 vehicles in the second quarter.

  • Kara Carlson and Dana Hull
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June

Sir Andrew Mackenzie: time to focus on the best few climate solutions

The Shell chairman says the world’s carbon challenge is harder than he realised while running BHP, and it’s time for a global focus on a few winning solutions

  • Peter Ker and Lap Phan
Bapcor was owned by private equity group Quadrant from 2011 to 2014 before listing on the ASX. It runs the Autobarn, Autopro and Burson brands.

Embattled Bapcor gets $1.83b buyout offer from Bain Capital

Shares in the company, which runs 1100 outlets under the Autobarn, Burson, Autopro and Midas brands, climbed 14 per cent after the proposal from the private equity group.

  • Simon Evans
The range of EVs on offer continues to grow and now includes the Rolls-Royce Spectre.

How to choose the right electric vehicle for you

With more and more people making the switch to an EV, and more brands on offer, what are the key considerations for drivers?

  • Tony Davis
Australia Post’s electric delivery vehicles have replaced motorbikes to help reduce emissions.

Electrification reaps rewards for postie fleet

Australia Post has added more than 5000 electric vehicles to its fleet, as the changing demands of delivery drive rapid electrification.

  • Maxim Shanahan
There are now about 10.6 million EVs on US roads accounting for 4.2 per cent of the US vehicle fleet, meaning Australia lags behind other western nations.

Is corporate Australia on the cusp of an EV tipping point?

Only 1 per cent of cars in Australia are EVs, but sales are taking off as more affordable models hit the market and the energy transition intensifies.

  • Gus McCubbing