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Rich Lister Nick Politis has topped up his stake in Australia’s largest car dealership group Eagers Automotive.

Rich Lister Nick Politis tops up stake in Eagers Automotive

Car dealerships in Canberra previously owned by Mr Politis give Eagers a foothold in the ACT, where electric vehicle sales are rising faster.

  • Simon Evans

This Month

Eagers has formalised its deal to sell Chinese electric vehicles BYD.

Eagers Automotive says first-half profit to exceed guidance

Australia’s biggest car dealership group says it is likely to report a net profit of $246 million.

  • Miranda Ward
Key car models such as the electric Porsche Macan have been delayed by software issues.

Why Volkswagen buyers get a Lamborghini for free

Porsche has been touting its strengths ahead of an IPO later this year with a valuation of around €80 billion – but its parent company Volkswagen is worth less than that.

  • Chris Bryant
“Racing is about focusing 110 per cent on what you’re doing,” says Tony Johnson. “It’s a bit of a brain-cleanser.”

This exec takes his mind off work when he’s doing 260km/h

Villawood Properties executive director Tony Johnson is a self-confessed petrol head, never happier than when he’s going flat-out at Bathurst.

  • Life & Leisure


Tough Dog suspension is being acquired by Aeroklas Australia, which itself is owned by a company listed on the stock exchange in Thailand.

Aeroklas in $70m buyout of Tough Dog in 4WD parts shake-up

Eastern Polymer Group, which is listed on the Thai stock exchange, has a high-growth Australian unit revving up in 4WD accessories.

  • Simon Evans
McKinsey estimates 2.8 million charging points will be needed in Australia by 2030.

EV chargers need to ‘step on the pedal’

Australia needs to push ahead with building some 2.8 million electric vehicle charging stations by 2030 because there is a shortage of skilled workers to install them, McKinsey & Co consultants say.

  • Jenny Wiggins
Australian companies are building new hydrogen infrastructure.

More hydrogen refuelling stations for Melbourne and Sydney

Australia is hoping to dominate the global export of hydrogen and scores of companies are making plans to ready for expansion of the fuel source.

  • Updated
  • Colin Packham
Tesla faces a wider safety investigation.

US steps up Tesla Autopilot probe after almost 200 crashes

The road safety regulator has the power to order recalls, and its investigation could force the electric carmaker’s chief executive, Elon Musk, to come up with better safeguards.

  • Keith Laing and Craig Trudell
The jewel in Atlas Arteria’s toll road crown is its 31 per cent stake in French toll road Autoroutes Paris-Rhin-Rhone.

Atlas Arteria left hanging after IFM raid

IFM Investors has swooped on toll road group Atlas Arteria before a competitor snaps it up amid hot competition for long-term infrastructure assets.

  • Updated
  • Jenny Wiggins
Secondhand car prices are up 79 per cent since the start of the pandemic. New figures show the rise in the past 12 months is 18 per cent.

Used car prices jump 18pc but momentum slows

Overall prices for second-hand cars have jumped 79 per cent since the start of the pandemic.

  • Simon Evans
Australia’s transport networks need to be more resilient to climate change, CEOs say

‘Perfect time’ to review Australian infrastructure

Several industry groups have laid out their list of demands to help set the national agenda for transport and infrastructure projects.

  • Jenny Wiggins
The Andrews government is set to privatise VicRoads through a new joint venture.

Mac’s Voltaire favourite as race for VicRoads approaches finish line

The auction has turned into a three-horse race between three consortiums anchored by well-known Australian infrastructure investors.

  • Anthony Macdonald, Sarah Thompson and Kanika Sood
Australia’s tyres market is worth about $5 billion a year.

PE take tyre wholesaler TyreMax for a spin, Miles in driver’s seat

Australia’s private equity firms are thinking about getting back into the automotive sector via tyres wholesaler TyreMax. 

  • Anthony Macdonald, Sarah Thompson and Kanika Sood
DeLorean Motors Reimagined’s modern electric coupe, the Alpha5.

DeLorean shows off electric car to come in 2024 (but there’s a catch)

It’s the latest concept in a long line of promises from the once-defunct brand. You might want to read the small print and wait before putting any money down.

  • Hannah Elliott


AMA has suffered from falling repair volumes in the pandemic.

Car parts inflation set to stay high next year

The outlook comes as smash repair giant AMA, battered by COVID-19, looks to renegotiate deals with insurers.

  • Liam Walsh
Inside the Sculpture room at Motion. Autos, Art, Architecture, from left: the Pegaso Z-102 Cúpula; a 1953 Bentley R-Type Continental; and the blue nose of the Bugatti Type 57S Atlantic.

Which of these highly valuable cars would you choose?

Lord Norman Foster has curated a collection of rare automobiles that were “the best of their kind in terms of beauty and a vision of the future”.

  • Tony Davis
Mercedes-Benz is in the middle of a global change to a direct sales strategy in a bid to reduce costs.

Mercedes-Benz internally flagged $752m legal war chest, created hit list

Mercedes-Benz had internally flagged its Australian legal liabilities could reach as much as €500 million ($752.9 million) should it push on with its agency model rollout, with court documents showing it had compiled a hit-list of local dealerships it would close.

  • Jessica Sier
Residents of south-west Sydney claim trucks are avoiding the M8 tollroad due to high toll fares, clogging up local streets.

Ask trucking firms what road tolls need to be, NSW inquiry urged

Logistics companies should be asked how much they are willing to pay to use toll roads so trucks don’t clog up free roads, a NSW parliamentary inquiry has been told.

  • Jenny Wiggins
Suncorp boss Steve Johnson kept his powder dry during a meeting with AMA Group.

Suncorp, AMA Group meet to discuss smash repairer’s outlook

Insurance bigwig Suncorp Group’s keeping a close eye on its smash repairer and former deal buddy AMA Group.

  • Anthony Macdonald, Sarah Thompson and Kanika Sood
A Mitsubishi Motors  eK X electric vehicle.

The $20,000 EV is here and it’s cute. But only in Japan

The tiny electric vehicles could get even cheaper, but their main drawback is small batteries.

  • River Davis and Tsuyoshi Inajima