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ANZ pays $85 million settlement over ‘predatory’ car loans

One of Australia’s major banks has settled a class action claim over allegations it used kickbacks to car dealers – a practice outlawed by ASIC. ANZ bank has agreed to pay $85 million to settle a class-action lawsuit with customers. The class action alleged ANZ employed “predatory lending practices”, which included secret...

Fri Oct 4, 2024 07:50
2021-24 LDV Deliver 9 bus recalled in Australia due to website error

The vehicle specification sheet for 2021 to 2024 examples of the LDV Deliver 9 bus had incorrect information about its weight limits. Ateco Automotive has recalled 932 examples of the 2021 to 2024 LDV Deliver 9 bus, citing an error with the vehicle specification sheet on the LDV website.  The affected vehicles are stamped...

Fri Oct 4, 2024 07:50
Michael Jordan sues NASCAR: NBA icon takes stand against sport’s administration

The famous Chicago Bulls basketballer – who now owns part of a racing team – is taking on NASCAR after filing an anti-trust lawsuit in US federal court. Michael Jordan is suing NASCAR and its CEO Jim France for “anti-competitive and monopolistic control of the sport” after refusing to sign an “unfair” charter agreement between...

Fri Oct 4, 2024 07:50
Best-selling electric cars in Australia over first nine months of 2024

Sales of electric cars have hit a speed bump – and if the current rate of decline continues to New Year’s Eve, deliveries may not improve upon 2023’s record result. Electric vehicle (EV) sales in Australia are on track to flatline by the end of 2024 – and may fail to grow year-on-year for the first time since 2016 – amid a cooldown...

Fri Oct 4, 2024 07:50
Manhunt underway for driver who dumped stolen car, causing traffic chaos on major Melbourne bridge

Victoria Police are appealing for the public’s help to find an alleged offender accused of stealing a Holden Commodore and abandoning it on a busy route in Melbourne’s centre. Police are hunting a man who is accused of stealing a car and dumping it on one of Melbourne’s busiest road bridges before fleeing the scene. The...

Fri Oct 4, 2024 07:50
2024 Leapmotor C10 review: Quick drive

Drive has already sampled the 2024 Leapmotor C10 in its local market, but now we join the European launch for a test drive of the vehicles that will eventually make their way to Australia. Trent Nikolic assesses the Euro-influenced suspension tune at the international launch.  2024 Leapmotor C10 It’s not so...

Fri Oct 4, 2024 04:49

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