Porsche is known for its petrol-powered sports cars, but it’s banking on its growing range of electric cars to hold it in good stead when new fuel efficiency standards hit Australia.
Porsche Australia boss Daniel Schmollinger told media the brand is “comfortable” with its position if the New Vehicle Efficiency Standard (NVES) rolls out as proposed by the Federal Government.
“With our electrification strategy – 80 per cent electric by 2030 – I think we will be in a good position,” Mr Schmollinger said.
Porsche already offers the electric Taycan in Australia, and will later this year introduce an electric…
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Hyundai vehicles to be available online in 2024
José Muñoz (right), CEO of Hyundai North America, and Marty Mallick, vice president for Amazon worldwide business and corporate development, at the Los Angeles Auto Show. Photo: Amazon via Business Wire
Amazon plans to begin allowing Hyundai dealers to sell new vehicles on its platform, launching the e-commerce giant into the lucrative but highly competitive car market for the first time.
Why it matters: Amazon’s sheer e-commerce heft means the company must immediately be taken seriously in the automotive retail space.
Driving the news: Amazon announced its plans Thursday during the 2023 Los Angeles Auto Show, and said Hyundai would…